§ Dr. McDonaldasked the Chancellor of the Exchequer whether, in the manner of the answer given on 4 February 1985, Official Report, column 397, he will publish and update the table on mortgage interest tax relief by income group for 1985–86.
§ Mr. Meacherasked the Chancellor of the Exchequer what is the current distribution of mortgage interest tax relief by income bands under £5,000 a year, £5,000 to £10,000, £10,000 to £15,000, £15,000 to £20,000, £20,000 to £25,000, £25,000 to £30,000, £30,000 to £40,000, £40,000 to £50,000 and over £50,000; what is the number of taxpayers in each income band receiving this relief; what is the total relief per mortgagor in millions of pounds and as a percentage; and what is the average relief per mortgagor in each income band.
Taxpayers receiving mortgage interest relief by range of total income—1985–86 Range of total income Numbers receiving mortgage relief ('000) Average value of relief per mortgagor (£) Total cost of relief (£ million) Percentage of total cost (per cent.) Total* taxpayers (million) Under 4 500 110 55 1 2,400 4 to 5 200 250 50 1 1,880 5 to 6 280 320 90 2 1,820 6 to 7 420 380 160 3 1,890 7 to 8 500 460 230 5 1,650 8 to 9 560 500 280 6 1,490 9 to 10 690 510 350 7 1,340 10 to 12 1,250 580 720 15 2,250 12 to 15 1,450 640 925 20 2,330 15 to 20 1,250 710 890 19 1,880 20 to 25 430 880 380 8 690 25 to 35 220 1,140 250 5 330 Over 30 250 1,480 370 8 430 ALL INCOMES 8,000 590 4,750 100 20,300 * Counting married couples as one.