§ Mr. Douglas-Mannasked the Chancellor of the Exchequer whether the figure for the cost of tax relief on qualifying interest on loans for purchase or improvement of owner-occupied property given on page 184 of the public expenditure White Paper, Cmnd. 7841, as being £145 million in 1979–80, includes the effect of the higher rate tax payments avoided by those who, but for the relief, would have paid 78W higher rate tax on part, or more of their income; and, if not, what effect its inclusion would have on the figure.
§ Mr. Peter ReesI shall let the hon. Gentleman have a reply as soon as possible.