HC Deb 20 October 1975 vol 898 cc81-2W
Mr. Cartwright

asked the Chancellor of the Exchequer if he will consider the effect of the dividend control on companies which are accepted as resident abroad for taxation and exchange control purposes.

(b) in England and Wales, for the financial year 1974–75.

Mr. Robert Sheldon

The estimated cost for 1974–75 of tax relief on mortgage interest payments is £700 million. Of this about £28 million relates to taxpayers resident in Scotland and £663 million to those in England and Wales.