This petition was submitted during the 2019 to 2024 Parliament
Closed petition Mortgage interest payments on primary homes to be offset against income tax
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With increasing cost of living and sizeable monthly mortgage interest payments for primary homes; Government should allow mortgage interest payments to be deducted from income tax to ease homeowners' financial burdens
Hardworking individuals and families across the nation are grappling with the relentless rise in the cost of living, which encompasses everything from groceries and fuel to healthcare and education. Amidst this economic strain, one of the most significant financial responsibilities for many is the mortgage on their primary residences. These monthly payments can often be substantial, causing considerable stress and financial strain.
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This petition will stay open until 5 April 2024.