asked the Chancellor of the Exchequer if he will produce a table showing the annual total amount of mortgage interest tax relief for (a) Great Britain, (b) Scotland, (c) England and (d) Wales from 1982–83 to 1984–85 and also the average mortgage tax relief per mortgagor in: (i) Great Britain, (ii) Scotland, (iii) England and (iv) Wales for the same period.
[pursuant to his reply, 19 April 1985, c. 298]: The latest estimates are given in the table. Figures for 1983–84 and 1984–85 are provisional.
|Mortgage Interest Tax Relief|
|Total cost £ million||Per Mortgagor receiving tax relief £|
|* Includes the cost of relief in respect of mortgages previously under the option mortgage scheme.|
asked the Chancellor of the Exchequer if he will give the total annual cost of mortgage interest tax relief paid to mortgagors who are taxed above the standard rate for each financial year from 1982–83 to 1984–85 in Scotland.
[pursuant to his reply, 19 April 1985, c. 298]: The latest estimates are as follows, together with the costs of relief given in excess of the basic rate.
|Mortgage interest tax relief in Scotland|
|Relief for higher rate taxpayers £ million||Relief in excess of the basic rate £ million|