§ Mr. Sedgemoreasked the Chancellor of the Exchequer what is the cost in the latest financial year to the Exchequer of the various allowances against personal income tax, including married persons' allowances, child allowances, owner occupier tax relief and insurance premiums.
§ Mr. Robert SheldonThe estimated costs for 1975–76 are as follows:
Allowance Cost £ million Single 2,180 Married 4,210 Wife's earned income 1,080 Child allowance 1,250 Dependent relative 35 Additional personal allowance 30 Life insurance relief 235 The latest estimate of the cost of mortgage Interest relief for 1975–76 is £865 million.