If you buy a house to live in under the above scheme can you offset the costs against your PAYE or if not what incentives are available. There is no rental income .
[broken link removed]. PAYE is not Case V income as far as I know:
What can relief be offset against? This relief can only be offset against Case V rental income arising in the State. Expenditure giving rise to the deduction is deemed to be incurred on the date the property is first let.