HC Deb 09 May 1973 vol 856 cc134-5W
Mr. Frank Allaun

asked the Chancellor of the Exchequer following the increase in wages in money terms, whether and to what extent there has been a decrease in the number of owner-occupiers benefiting from reduction of their mortgage interest payments through the option mortgage scheme because they are now paying income tax, and if so, by how many.

Mr. Nott

Liability to income tax does not affect the benefit which owner-occupiers receive from the option mortgage scheme.