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Mortgage Interest Tax Relief

Volume 173: debated on Thursday 24 May 1990

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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
1 Provisional.