Other decisions, such as that to abolish special benefits for lone parents and the tax relief on mortgage interest will tend to reduce incomes of some families with children.
The estimated total cost of mortgage interest tax relief in 1997–98 is £2.4 billion.
We tabled the new clause to seek to deny tax relief to new profit-related pay schemes that simply convert taxable pay into non-taxable profit-related pay.
Further they warned me that you might be thinking of abolishing higher rate tax relief on pension contributions.
All we are asking is that those who are competent and willing to earn their living should have tax relief.
Tax relief for savings and withdrawal of funds from pension programmes generally remained intact.
I said that in questions of tax relief we stuck to the simple things of life, and that is quite different.
The increase in allowances meant that more and more families were unable to take full advantage of tax relief.
