§ Mr. Frank FieldTo ask the Chancellor of the Exchequer if he will list the cost on revenue each year since 1979 for each of the following tax allowances:(a) mortgage interest relief, (b) retirement annuity relief, (c) approved pension schemes, (d) employers' contributions to funded pension
£ million Tax cost of relief on Mortgage interest Retirement annuity premia Employees contributions to occupational pension schemes Employers contributions to occupational pension schemes1 Exemption of investment income of occupational pension schemes2 Exemption of lump sum payments2 1979–80 1,450 100 n/a n/a m/a n/a 1980–81 1,960 150 n/a n/a n/a n/a 1981–82 2,050 200 n/a n/a n/a n/a 1982–83 2,150 250 1,300 3,100 2,600 700 1983–84 2,780 250 1,400 3,200 3,000 800 1984–85 3,580 300 1,400 3,300 3,500 1,000 1985–86 4,750 400 1,500 3,300 3,900 1,100 1986–873 4,750 450 1,600 3,100 4,100 1,200 1987–883 4,850 450 1,600 2,900 4,100 1,200 1 On the basis that employers' contributions are not taxable as a benefit in kind of the employee. 2 Assuming relief at the basic rate of income tax. 3 Provisional n/a = not available.