HC Deb 08 December 1975 vol 902 cc65-6W
Mr. Wigley

asked the Chancellor of the Exchequer if he will bring in provisions at the next Budget whereby tax relief on house mortgages will be allowed only at the standard rate of income tax, and for the savings so acquired to be used to give additional support for first time house buyers.

TABLE
Tax Numbers of Staff exclusively engaged thereon Total cost of administration Estimated net receipt in 1975–76
£ million £ million
Capital Transfer Tax 220 2.4 150
Surtax 450 4.7 85

year 1975. Government support to the National Coal Board for pensions has been as follows:

Mr. Robert Sheldon

My right hon. Friend has noted the hon. Member's suggestion.