TRS question

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bettyandclive Posts: 233
Ladies after my recent split I was wondering will my TRS change if I apply and get a mortgage on my own or will it stay the same? Thanks
LadylovesChocolate Posts: 300
Sorry to hear about your split, hope you are doing ok. I was going to say I dont think your TRS will change but there is a possibility it could be halved if the Revenue treat you as a single person for tax purposes so Id be very careful how you proceed with this as you dont want to end up with the same size mortgage but only half the tax relief ! Check out this general info on TRS on the Revenue website http://www.revenue.ie/en/tax/it/leaflet ... l#section7
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