In a bid to alleviate the financial burden on homeowners grappling with escalating interest rates, the Irish Government has unveiled the Mortgage Interest Tax Credit in its 2024 Budget. This initiative aims to assist those affected by the continuous surge in interest rates set by the central bank.
To streamline the application process, Ireland’s leading tax firm, My Tax Mate, is now offering their expertise. Homeowners can assess potential overpayments by comparing mortgage interest paid in 2022 to that in 2023. My Tax Mate, operating from 11 Block C, Beech Park, Cabinteely, Dublin 18, ensures a seamless experience with a service charge applicable only if a refund is secured, and remarkably, at a modest 6%.
For detailed information and assistance, visit My Tax Mate or contact them at info@mytaxmate.ie or +353 89 430 7686. This initiative provides a significant financial lifeline to homeowners navigating the challenges posed by the fluctuating interest rate landscape.