Owner-Occupier Mortgages (Tax Relief)

HC Deb 18 December 1970 vol 808 cc524-5W

Mr. Skinner

asked the Chancellor of the Exchequer what were the average figures of income tax relief for owner-occupier mortgages on a yearly basis between 1960 to 1970 inclusive.

Mr. Patrick Jenkin

The figures for the income tax years 1962–63 to 1969–70 which are the only ones available are as follows:

	Average tax relief on mortgage interest
	£ per annum
1962–63	19
1963–64	22
1964–65	27
1965–66	32
1966–67	35
1967–68	40
1968–69	43
1969–70	47