HC Deb 14 July 1988 vol 137 cc318-9W
Mr. Frank Field

To ask the Chancellor of the Exchequer if he will detail for the latest available year the gains to(a) individuals and (b) income groups for each of the following categories who are claiming mortage interest relief, those earning per year (a) less than £5,000, (b) £5,001 to £7,500, (c) £7,501 to £10,000, (d) £10,001 to £12,500, (e) £12,501 to £15,000, (f) £15,001 to £17,500, (g) £17,501 to £20,000, (h) £20,001 to £22,000, (i) £22,501 to £25,000, (j) £25,001 to £27,500, (k) £30,000 to £40,000, (l) £40,001 to £50,000 and (m) above £50,000 per year; together with the numbers claiming in each income group.

Tax units receiving mortgage interest relief by range of total income 1988–89
Range of total income Number of tax units1 with mortgage interest relief2 Average value of relief per mortgagor Cost of relief
(thousands) (£) (£ million)
Up to £5,000 690 300 210
£5,001 to £7,500 470 360 170
£7,501 to £10,000 830 400 330
£10,001 to £12,500 1,210 450 550
£12,501 to £15,000 1,230 480 590
£15,001 to £17,500 1,020 490 510
£17,501 to £20,000 870 490 430
£20,001 to £22,500 650 500 330
£22,501 to £25,000 460 520 240
£25,001 to £27,500 250 630 160
£27,501 to £30,000 220 630 140
£30,001 to £40,000 440 780 340
£40,001 to £50,000 120 900 110
Over £50,001 140 1,020 140
Total 8,600 490 4,250
1 Single persons and married couples.
2 Including about ½ million non-taxpaying tax units.

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