HC Deb 28 February 1967 vol 742 c62W
49. Mr. Boardman

asked the Minister of Housing and Local Government what is the estimated additional cost imposed by the Selective Employment Tax to a person buying a house on a 20-year mortgage at current interest rates based on the official estimate of £70-£80 Selective Employment Tax per house.

Mr. Mellish

The increased cost due to the tax will often be less than £70 a house. At £70, if the purchaser paid the whole of the tax, the additional cost would be 11s. 2d. per month, or £133 over 20 years.

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