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Type
House
Session
Year
Department
Member
Primary member
More
Spelman, Caroline (1)
Answering member
Legislative stage
Legislation
Subject
Publisher
To ask Mr Chancellor of the Exchequer, when the Government abolished mortgage income tax relief; and what the estimated change in taxation for a typical household with a mortgage over £30,000 in 2004-05 is due to its abolition.
To ask Mr Chancellor of the Exchequer, when the Government abolished mortgage income tax relief; and what the estimated change in taxation for a typical household with a mortgage over £30,000 in 2004-05 is due to its abolition.
Asked by
Caroline Spelman
(Conservative)
Answered by
Baroness Primarolo
(Labour)
Answering body
Treasury
Type
Written questions
Status
Answered
Tabled on
24 November 2004
For answer on
30 November 2004
Answered on
30 November 2004
Mrs. Spelman: To ask the Chancellor of the Exchequer when the Government abolished mortgage income tax relief; and what the
estimated change in taxation for a typical household with a mortgage over £30,000 in 2004-05 is due to its abolition. [200138]
Dawn Primarolo: The MIRAS scheme was abolished in April 2000. The value of relief payable on £30,000 of loans in 2004-05 would
depend on the rate of interest charged on the loan.
Subjects
Mortgages; Tax allowances; Taxation
Date
30 November 2004
Reference
200138; 428 c96W
House
House of Commons