Yes if you are both in the FTB first 7 years category. You don't have to be married.just to clarify we are both buying a house and sharing the mortgage burden equally. since we do not fall into the married category then how is our tax relief configured? Can we both avail of TRS up to a max of 1600 each p.a. i.e. 3200 in total p.a. ?
You need to claim the mortgage interest relief. You don't get it automatically. See [broken link removed].do we need to inform revenue of our tax status or is this done automatically for us by mortgage lender?