Mortgage Tax Relief

HC Deb 11 February 1992 vol 203 c429W

Mr. Walden

To ask the Chancellor of the Exchequer what was the cost of mortgage tax relief in 1991.

Mr. Maude

Tax relief is calculated for the fiscal year. Provisional estimates of the cost of mortgage interest tax relief for 1990–91 and 1991–92 are £7.7 billion and £6.1 billion respectively.