HC Deb 09 March 1982 vol 19 cc376-7W
Mr. Allan Roberts

asked the Chancellor of the Exchequer if he will publish in the Official Report the true rate of mortgage interest payable by mortgagors receiving tax relief at the £25,000 limit, and liable to tax deductions at each income level from the lowest marginal rate on earned income to the highest marginal rate on unearned income where the rate of mortgage interest payable is: 12 per cent., 12½ per cent., 13 per cent., 13½ per cent., 14 per cent., 14½ per cent., 15 per cent. and 15½ per cent.

Mr. Ridley

The following figures assume principal outstanding of £25,000.

Official Report a table or tables in as much detail as possible showing the incidence of the duty on particular products or classes of product.

Mr. Bruce-Gardyne

The average rate of duty on nonfood manufactures from third countries—that is other than EC member States—was the total Customs duties collected expressed as a percentage of the value of imports, cif, of these items from those countries.

An analysis of this information is given below. A more detailed analysis could only be produced at disproportionate cost.

Relative Incidence of Customs Duties on Industrial Products Imported from other then EC Member States
Average rate of duty
1979

per cent.

1980

per cent.

Standard International Trade Classification
Section 5. Chemicals and related products 3.9 3.8
Section 6. Manufactured goods classified chiefly by material 2.3 1.8
Section 7. Machinery and Transport equipment 4.4 4.0
Section 8. Miscellaneous manufactured articles 7.9 6.9