TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Mortgage Interest Relief – Operation of Relief at Source

Revenue have published a notice advising mortgage holders that from January 2014 lenders will be obliged to grant relief at source based on the amount of interest actually paid within a tax year. According to the Revenue notice many lenders calculate relief based on the amount of interest charged to a mortgage account irrespective of whether that interest was paid by the borrower or not. The full text of the notice is published on the Revenue website.