HC Deb 05 December 1973 vol 865 cc419-20W
Mr. Roper

asked the Chancellor of the Exchequer what part of the £40 million to £50 million referred to in his answer to the hon. Member for Farnworth on 9th November 1973 represented restriction on relief on interest paid for house purchase to £1,000 and what part the withdrawal of interest relief for other borrowing for non-business purposes.

Mr. Nott

No precise estimate is possible, but by far the greater part, perhaps 90 per cent., relates to the withdrawal of relief from interest on non-business borrowing other than for house purchase.

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