§ Mr. Churchillasked the Secretary of State for the Environment what is the total value for the whole of the United Kingdom of tax allowances to owner-occupiers; and what is the average allowance per house.
§ Mr. Denzil DaviesI have been asked to reply.
The estimated cost of tax relief on mortgage interest for 1976–77 is around £1,100 million. This is about £183 per mortgagor or £101 per owner-occupied dwelling.