Skip to main content

Mortgage Interest Tax Relief

Volume 173: debated on Thursday 24 May 1990

The text on this page has been created from Hansard archive content, it may contain typographical errors.

To ask the Chancellor of the Exchequer what the cost was to Her Majesty's Treasury of higher-rate mortgage tax relief for the years 1987, 1988 and 1989.

Estimates for financial years are as follows:

Cost of mortgage interest relief at excess over the basic rate of income tax
Year£ million
1987–88430
1988–89310
11989–90430
1 Provisional.