Mortgage Interest Tax Relief

HC Deb 07 February 1992 vol 203 c309W

Mr. Soley

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

Mr. Maude

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.