HC Deb 30 January 1978 vol 943 cc24-5W
Mr. William Clark

asked the Chancellor of the Exchequer with regard to the disallowance for tax of interest on loans over £2,500 when he intends to increase the limit to £41,200 to give the same purchasing power.

Mr. Robert Sheldon

The loan interest ceiling has to be fixed each year in the Finance Bill. The level for the coming year will be considered in the light of all the relevant factors.