asked the Chancellor of the Exchequer (1) whether he will publish in the Official Reporta table showing by range of income and for (a) single persons, (b) married couples without wives' earned income and (c) other married couples, the estimated annual value of claims for mortgage relief and the cost to the Exchequer, assuming the present level of interest rates prevails throughout the year;
(2) whether he will publish in the Offical Report a table showing the number of taxpayers in each taxation group receiving relief on mortgage interest and the average relief per mortgagor, together with the assumed rate of interest in the same manner as of his answer of 7 March 1983, Official Report, c. 284.
[pursuant to his replies, 18 July 1985, c. 258]: The latest estimates are given in the following
Taxpayers receiving mortgage interest relief and average relief by income range 1985–86 | |||||||||
Single persons | Married couples wife not working | Married couples wife working | |||||||
Range of total income (lower limit) | Numbers | Total mortgage interest relief | Average mortgage interest relief) | Numbers | Total mortgage interest relief | Average mortgage interest relief | Numbers | Total mortgage interest relief | Average mortgage interest relief |
£ | thousands | £ million | £ | thousands | £ million | £ | thousands | £ million | £ |
3,000 | 35 | 5 | 180 | — | — | — | — | — | — |
4,000 | 40 | 10 | 280 | 60 | 10 | 190 | 40 | 2 | 45 |
50 | 25 | 500 | 80 | 35 | 390 | 35 | 5 | 130 | |
6,000 | 80 | 35 | 450 | 90 | 50 | 510 | 55 | 15 | 270 |
7,000 | 100 | 55 | 530 | 190 | 100 | 540 | 85 | 35 | 430 |
8,000 | 110 | 80 | 720 | 240 | 140 | 580 | 95 | 45 | 480 |
9,000 | 110 | 65 | 600 | 220 | 130 | 600 | 140 | 80 | 560 |
10,000 | 150 | 120 | 780 | 430 | 280 | 640 | 380 | 200 | 510 |
12,000 | 150 | 120 | 820 | 390 | 280 | 740 | 700 | 420 | 600 |
15,000 | 80 | 75 | 920 | 250 | 200 | 790 | 770 | 570 | 740 |
20,000 | 40 | 45 | 1,200 | 150 | 170 | 1,100 | 470 | 440 | 950 |
30,000 | 20 | 30 | 1,700 | 70 | 130 | 1,800 | 150 | 220 | 1,500 |