12,107 PAYE taxpayers have made a claim for the assistance, which is designed to help those who struggled with mortgage repayments last year because of rising interest rates.
138 claimants were not in a position to benefit from the credit because they did not pay income tax in 2023.There are around 707,000 mortgage holders in the State, but the number of people who may be entitled to claim the tax credit is not known. "This is clear evidence that workers and families are struggling with rising interest rates and the cost of living crisis. It is clear that the government’s botched mortgage interest tax credit is failing to support households."
"If our proposals had been implemented, every struggling household would have received much needed support."