Deregister Your Loan for Tax Relief at Source - Mortgage Interest
or
Amend your loans Qualifying Percentage
A qualifying loan for the purpose of mortgage interest relief is a secured loan which must be used solely for the
purchase, repair, development or improvement of a principal private residence. Where a percentage of a loan is used
for any other purpose, only the percentage relevant to the principal private residence qualies for mortgage interest
relief. Loans used for the purchase of investment property or the consolidation of existing non-home related loans do
not qualify for mortgage interest relief.
Complete in BLOCK CAPITALS. Completed forms should be returned to: Ofce of the Revenue Commissioners,
Collector–General’s Division, TRS Section, Sarseld House, Francis Street, Limerick, V94 R972 (Freepost). For
guidelines on completing the form, see overleaf or visit www.revenue.ie
1 Property never Principal Private Residence
I / We declare that the property in relation to the below loan a/c number(s)
has never been my / our Principal Private Residence.
Enter loan a/c number
Enter loan a/c number
2 Property ceased to be Principal Private Residence
I / We declare that the property in relation to the below loan a/c number(s) ceased / will cease to be my / our
Principal Private Residence with effect from.
Enter loan a/c number
Enter loan a/c number
3 One party leaving Principal Private Residence
I declare that the property in relation to the below loan a/c number(s) ceased to be my Principal
Private Residence with effect from. Other parties to this loan remain at the property.
Enter loan a/c number
Enter loan a/c number
4 Amendment to Percentage Qualifying
I / We declare that a percentage of my / our mortgage, including any top-up or re-mortgage is being used for
my / our home.
Please calculate the percentage of your mortgage which qualies for mortgage interest relief, in respect of
each loan for which you are claiming TRS:
Amount of loan used on home X 100 = Qualifying percentage
Total borrowed
Enter loan a/c number
Insert Qualifying Percentage %
Each party to the loan must sign this declaration, unless completing option 3 where only the
individual exiting the loan should sign.
Signature: __________________________ PPSN: __ __ __ __ __ __ __ __ Date:___/___/_____
Signature: __________________________ PPSN: __ __ __ __ __ __ __ __ Date:___/___/_____
Address for Correspondence: ______________________________________________________
Telephone No: __________________________________________________________________
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RPC013378_EN_WB_L_1
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M M Y Y Y Y
M M Y Y Y Y
1. Property never Principal Private Residence
If the property in question has never been your principal private residence (PPR), i.e. has never been your
home, complete option 1. In completing option 1, you are declaring that the loans in relation to this property
were never eligible for mortgage interest relief. Where relief was received in error, or otherwise where
recipient is not entitled to relief, any relief received must be refunded to the Revenue Commissioners.
2. Property ceased to be Principal Private Residence
If the property in question is no longer your principal private residence (PPR), i.e. you no longer live at this
property and the loan remains active complete option 2. In completing option 2, you are declaring that the
loan(s) in relation to this property are no longer eligible for mortgage interest relief.
3. One party leaving Principal Private Residence
If you wish to declare that the property that you are receiving mortgage interest relief is no longer your
principal private residence (PPR), you should complete option 3. In completing option 3, you are declaring
that you are no longer eligible to receive mortgage interest relief on this property. Any other parties currently
registered to receive mortgage interest relief will continue to do so unless Revenue are informed otherwise by
those individuals.
4. Amendment to Percentage Qualifying
You should complete option 4 where some but not all of your mortgage relates to your principal private
residence. You are entitled to receive mortgage interest relief for that portion of your mortgage that relates to
your home (PPR) only.
Example:
Total loan €300,000
Breakdown: home loan €250,000
car loan €30,000
credit card loan €10,000
miscellaneous expenditure €10,000
€250,000
€300,000 X 100 = 83.33% 83%
83% qualies for mortgage interest relief
Declaration
Each party to the loan must sign this declaration, unless completing option 3 where only the individual exiting the
loan should sign.
If you need assistance in completing this form, please phone the TRS helpline 01 738 3663.
The information in this document is provided as a guide only and is not professional advice, including legal advice.
It should not be assumed that the guidance is comprehensive or that it provides a denitive answer in every case.
The Revenue Commissioners collect taxes and duties and implement customs controls. Revenue requires
customers to provide certain personal data for these purposes and certain other statutory functions as assigned
by the Oireachtas. Your personal data may be exchanged with other Government Departments and agencies in
certain circumstances where this is provided for by law. Revenue’s data protection policy and information on your
data protection rights are available on www.revenue.ie.
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