§ Mr. Cartwrightasked the Chancellor of the Exchequer what is his estimate of the cost to the Exchequer of tax relief on mortgage interest for owner-occupiers in 1980–81, 1981–82 and 1982–83.
§ Mr. RidleyThe available information is:
Cost of tax relief on mortgage interest £ million 1980–81 1,960 1981–82 1,950 No estimate is available for 1982–83, as this will depend on income tax rates and allowances, and on the amounts of allowable mortgage interest in that year.