HC Deb 02 August 1978 vol 955 cc407-8W
Mr. Sedgemore

asked the Chancellor of the Exchequer what would be the increase in revenue at outturn prices which would accrue in the current year if tax relief on owner-occupiers' mortgage interest, and interest on other loans for house purchase or improvement, were withdrawn; how much of this additional revenue would be raised from those who would then be paying tax at the higher

expenditure from the national accounts are available back to 1946.

rates; what are the equivalent figures for the years 1975–76, 1976–77 and 1977–78 and what are the equivalent figures for these years and the current year expressed at 1977 survey prices.

Mr. Robert Sheldon

I will let my hon. Friend have a reply as soon as possible.