§ Mr. Denzil Daviesasked the Chancellor of the Exchequer (1) how much income tax, assuming a 25-year building society mortgage of £10,000 at 11¾ per cent. interest, would have been paid in respect of the year 1978–79 by a married couple with a total gross income, all from employment, of £5,000; and what will be the corresponding figure for 1979–80;
720W(2) how much income tax, assuming a 25-year building society mortgage of £10,000 at 12¾ per cent. interest, would have been paid for the year 1978–79 by a married couple with a total gross income all from employment, of £5,000; and what will be the corresponding figure for 1979–80.
§ Mr. Peter ReesI will let the right hon. Member have a reply as soon as possible.