Mortgage interest relief

S

shkyler

Registered User
Messages
70
Hi all,
We applied for this and got letter back from Permanent TSB to say it had been applied was just wondering how the Revenue Commissioners give the arrears back to you. Does it come in a cheque or get credited to the mortgage account?
Mortgage has been reduced by the amount so surely the arrears should be on their way - hopefully. Can anyone help?
Thanks
 
Hi Shkyler,

You will need to fill out the following pdf form : [broken link removed] to claim mortgage interest relief for preceding tax years. Print this form, fill it out and FREEPOST it to the Collector General's Office, TRS Section, Sarsfield House, Francis Street, Limerick. Please note you can only claim for the four preceding tax years to the current tax year, i.e. 2005, 2004, 2003 & 2002. When you apply online for mortgage interest relief this is only backdated to the 1st January in the tax year in which you applied. So you will already be getting interest relief for the current year. You will need to call Permanent TSB to find out how much mortgage interest you have paid in previous years. No harm in requesting from them a Certificate of Interest for each tax year for your own records as claims for mortgage interest relief is subject to audit. Please note it states that it can take up to 12 weeks to process your claim! No surprise there!
 
When you fill out that form mentioned you will have the option to get it lodged into your bank account. II claimed for 2005 in March and got it in August
 
We got ours paid straight into our account, it can take a few months to come through though.
 
our first payment was paid directly into our mortgage account. Now they just deduct the amount from our mortgage every month.
 
Its just for this year that we're claiming just started in March so only a few months to claim for repayments have been reduced already just wanted the arrears will just have to wait so!
Thanks for the replies
 
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