M
Marpen
Guest
My husband has the mortgage for our home in his sole name only. When we married in 2004 I sold my property and moved in with him. At that stage I had just used up my full 6 years FTB relief.
Q.1.
Should he have been treated as a married person for TRS since we married in 2004 even though I am not named on the mortgage. I do have proof of monthly contributions to the mortgage from my own bank account.
Q.2
Would it change things that he is a FTB and I am not. Would he also be treated as a non FTB and only allowed the €1016 instead of the full €1600 that we would get if we were both FTB.
Q.3
Can I claim now for mortgage relief as a non FTB on our mortgage or would we have to remortgage and put it in both names before I could claim tax relief.
His FTB status expires at the end of 2007. Would it be beneficial to then remortgage so we can claim the married couples tax relief of €1016 instead of his single persons relief of €508.We will most likely remortgage at that stage anyway, we are just hanging in with INBS at the moment to hopefully avail of a windfall. As soon as that is finalised we will move our business elsewhere without delay.
Thank you.
Q.1.
Should he have been treated as a married person for TRS since we married in 2004 even though I am not named on the mortgage. I do have proof of monthly contributions to the mortgage from my own bank account.
Q.2
Would it change things that he is a FTB and I am not. Would he also be treated as a non FTB and only allowed the €1016 instead of the full €1600 that we would get if we were both FTB.
Q.3
Can I claim now for mortgage relief as a non FTB on our mortgage or would we have to remortgage and put it in both names before I could claim tax relief.
His FTB status expires at the end of 2007. Would it be beneficial to then remortgage so we can claim the married couples tax relief of €1016 instead of his single persons relief of €508.We will most likely remortgage at that stage anyway, we are just hanging in with INBS at the moment to hopefully avail of a windfall. As soon as that is finalised we will move our business elsewhere without delay.
Thank you.