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Mr. D. E. Thomas
asked the Chancellor of the Exchequer what amount was granted in house mortgage interest tax relief to owner-occupiers in Wales during the latest available financial year; and if he will express this in terms of (a) average relief per recipient and (b) average relief per owner-occupier in Wales.
Mr. Robert Sheldon
The estimates for 1975–76 are as follows:
£ million | |
Total value of tax relief on mortgage interest in Wales | 27 |
Average relief per recipient | 132 |
Average relief per owner-occupier | 46 |