§ Mr. Trotterasked the Chancellor of the Exchequer whether, during the year to April 1975, a taxpayer who obtains a loan which he uses to repay an overdraft existing at 26th March 1974, which had been incurred on expenditure in purchasing or improving his residence, will obtain relief for the interest on such a loan in computing his tax liability for subsequent years.
§ Dr. GilbertI will let the hon. Member have a reply as soon as possible.