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Mortgage Interest (Tax Relief)

Volume 919: debated on Wednesday 10 November 1976

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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.

The estimates for 1975–76 are as follows:

£ million
Total value of tax relief on mortgage interest in Wales27
Average relief per recipient132
Average relief per owner-occupier46