Mortgage Tax Relief (Hansard, 14 March 1990)

HC Deb 14 March 1990 vol 169 cc270-1W 270W

§ Mr. Austin Mitchell
To ask the Chancellor of the Exchequer, further to his reply to the hon. Member for Great Grimsby of 21 December 1989,Official Report, 271W columns 368–69, on mortgage interest tax relief and investment income, whether he will provide for 1989–90 the numbers in each range of income with investment income of more than £200 and less than £500, and those with investment income of more than £500.

§ Mr. Lilley
The information requested is in the table. These estimates are provisional and subject to revision.

Single People and Married Couples Receiving Mortgage Interest Relief:

Range of total income (£) Numbers with annual investment income of

more than £200, but less than £500 more than £500

(thousands) (thousands)

0–4,999 30 20

5,000–9,999 90 260

10,000–14,999 260 290

15,000–19,999 300 350

20,000–29,999 280 450

30,000 + 140 490

Total 1,100 1,860

Single People and Married Couples Receiving Mortgage Interest Relief:
Range of total income (£)	Numbers with annual investment income of
	more than £200, but less than £500	more than £500
	(thousands)	(thousands)
0–4,999	30	20
5,000–9,999	90	260
10,000–14,999	260	290
15,000–19,999	300	350
20,000–29,999	280	450
30,000 +	140	490
Total	1,100	1,860