§ Mr. Russell Johnstonasked the Chancellor of the Exchequer what is the total cost of tax relief on mortgage interest payments allowed to owner-occupiers in Scotland; and how many persons in Scotland receive such relief.
§ Mr. RidleyEstimates for Scotland are as follows:
Total mortgage interest relief at 1981–82 Numbers receiving income levels mortgage interest relief £ million 110 270,000 The estimate of relief takes into account the rise in mortgage interest rates in November 1981 and assumes that no further changes will occur before the end of the financial year.