Relief for Interest

Part of Orders of the Day — Finance Bill – in the House of Commons at 3:42 pm on 11 May 1983.

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Photo of Mr Leon Brittan Mr Leon Brittan , Cleveland and Whitby 3:42, 11 May 1983

If the hon. Member will contain himself, I shall give way in due course.

It is the Government's intention, upon re-election, to introduce a further Finance Bill which will set the limit for 1983–84 at £30,000 as proposed in my right hon. and learned Friend's Budget. Therefore, when a Conservative Government are returned no one will suffer from the mean-mindedness of the Opposition. The amendment will merely serve to make plain the nature of the Opposition's intentions and prejudices. It will do no one any harm. As a result of the Finance Bill that we shall propose immediately on our return, people will benefit from the increase.