§ Mr. WaldenTo ask the Chancellor of the Exchequer what was the cost to Her Majesty's Treasury of higher-rate mortgage tax relief in 1985, 1988 and 1990.
§ Mr. MaudeEstimates for financial years are as follows:
Direct revenue cost of mortgage interest relief at a rate in excess of the basic rate of income tax Year £ million 1985–86 260 11988–89 310 11990–91 470 1 Provisional.