What does FTB stand for?
The rate of TRS for non-FTBs was decreased from 20% to 15% in the last budget, effective January 1st - could it be that?
How does that explain an increase of 130e? that seems a huge amount for a 5 percent reduction.Just phoned them - that's exactly what it is WS
Great.
So, anyone who hasn't reckoned on this and who hasn't been advised yet - it's coming.
This will affect anyone who has been paying a mortgage for at least 7 years I am told.
Hi
Got a letter from my mortgage provider with standard wording re "tax relief..." as per thread title.
Have received these before but generally the amount only ever seemed to have been changed by €10 - €20 or so.
Suddenly now though I'm told that my monthly payment will increase by €130.
I'm not aware of any changes to my personal circumstances or what may have affected this - obviously I'm going to phone my provider but before I do so, does anyone know what might be going on?
sounds more like you've entered your 8th year when the max relief is €450 per person (15% of €3k in 2009) rather than €2000 per person (20% of €10k in 2008)
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