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Mortgage Interest Tax Relief

Volume 203: debated on Friday 7 February 1992

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To ask the Chancellor of the Exchequer what was the expenditure on mortgage interest tax relief for the calendar year 1991.

Tax relief is calculated for the fiscal year. Provisional estimates of the cost of mortgage interest tax relief for 1990–91 and 1991–92 are £7·7 billion, and £6·1 billion respectively.