HC Deb 25 July 1985 vol 83 cc726-7W
Mr. Austin Mitchell

asked the Chancellor of the Exchequer (1) whether he will publish in the Official Reporta table showing by range of income and for (a) single persons, (b) married couples without wives' earned income and (c) other married couples, the estimated annual value of claims for mortgage relief and the cost to the Exchequer, assuming the present level of interest rates prevails throughout the year;

(2) whether he will publish in the Offical Report a table showing the number of taxpayers in each taxation group receiving relief on mortgage interest and the average relief per mortgagor, together with the assumed rate of interest in the same manner as of his answer of 7 March 1983, Official Report, c. 284.

Mr. Moore

[pursuant to his replies, 18 July 1985, c. 258]: The latest estimates are given in the following

Taxpayers receiving mortgage interest relief and average relief by income range 1985–86
Single persons Married couples wife not working Married couples wife working
Range of total income (lower limit) Numbers Total mortgage interest relief Average mortgage interest relief) Numbers Total mortgage interest relief Average mortgage interest relief Numbers Total mortgage interest relief Average mortgage interest relief
£ thousands £ million £ thousands £ million £ thousands £ million £
3,000 35 5 180
4,000 40 10 280 60 10 190 40 2 45
50 25 500 80 35 390 35 5 130
6,000 80 35 450 90 50 510 55 15 270
7,000 100 55 530 190 100 540 85 35 430
8,000 110 80 720 240 140 580 95 45 480
9,000 110 65 600 220 130 600 140 80 560
10,000 150 120 780 430 280 640 380 200 510
12,000 150 120 820 390 280 740 700 420 600
15,000 80 75 920 250 200 790 770 570 740
20,000 40 45 1,200 150 170 1,100 470 440 950
30,000 20 30 1,700 70 130 1,800 150 220 1,500