§ Mr. Whitlockasked the Chancellor of the Exchequer if he will list in the Official Report the amount of tax relief made available to owner-occupiers in each year from 1966–67 to 1976–77; and what was the average annual amount per mortgagee.
§ Mr. Robert Sheldon, pursuant to his reply [Official Report, 12th May 1977], gave the following answer:
The information is as follows:
94W
Tax relief on Mortgage Interest Average relief per mortgagor £million £ 1966–67 155 36 1967–68 180 40 1968–69 195 41 1969–70 235 47 1970–71 285 55 1971–72 310 57 1972–73 365 66 1973–74 510 89 1974–75 695 120 1975–76 865 146 1976–77 1,100 183 insurance or other services and (h) other items not otherwise covered.
§ Mr. Robert SheldonThe information requested will be published in September in United Kingdom Balance of Payments 1966–76. Relevant information available at present is given in the table below: