Clause 57 - Mileage allowances: exemptions and relief
Finance Bill
10:30 am
Mr James Clappison (Hertsmere, Conservative)
Apparently they are not very interested in this subject. The 3 million drivers affected are of no concern to them.
What does the Minister think will be the effect of the loss of capital allowances and relief for interest on loans, and how much will be lost by drivers as a result? How much benefit has the provision been to drivers in the past? It will be a significant deprivation for drivers not to have the opportunity to claim for capital allowances and seek relief for interest paid on the cost of the car.