Revenue eBrief No. 276/23

29 December 2023

Part 15-01-11B Mortgage Interest Tax Credit

Tax and Duty Manual Part 15-01-11B (Mortgage Interest Tax Credit) outlines the conditions which must be met for an individual to be eligible to claim the new mortgage interest tax credit. This credit was introduced by the Finance Act 2023 and is available in respect of the 2023 year of assessment only. The manual provides guidance on the rules for calculating the value of the credit and contains worked examples of different scenarios. The manual also outlines the process by which the credit may be claimed.