HC Deb 16 January 1981 vol 996 c612W
Dr. McDonald

asked the Chancellor of the Exchequer if he will update to take account of the new mortgage interest rate the information given in his reply of 11 November 1980, Official Report, c. 167–9.

Mr. Peter Rees

The estimate of the saving if mortgage interest relief, retirement annuity relief and relief for employees' superannuation contributions were allowed at the basic rate of tax only remains £200 million in a full year at 1980–81 income levels.