HC Deb 12 May 1981 vol 4 cc261-2W
Mr. Viggers

asked the Chancellor of the Exchequer what would be the loss of income tax revenue at outturn prices in 1981–82 which would result from each of the following changes to the existing £25,000 ceiling upon the amount of a mortgage loan for which the interest payments qualify for tax relief (a) raising the ceiling from £25,000 to £35,000, (b) raising the ceiling from £25,000 to £50,000 and (c) raising the ceiling from £25,000 to £60,000.

Mr. Peter Rees

, [pursuant to his reply, 11 May 1981]: I refer my hon. Friend to my answer to his question of 1 December 1980—[Vol. 995, c. 55]—and to my answer to my hon. Friend the Member for Woolwich, West (Mr. Bottomley) on 25 February 1981.—[Vol. 999, c. 365.] The broad estimate quoted in these answers is unchanged at 1981–82 income levels.

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