Company Cars

Part of Oral Answers to Questions — Treasury – in the House of Commons at 12:00 am on 16 January 1997.

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Photo of Michael Jack Michael Jack , Fylde 12:00, 16 January 1997

My hon. Friend makes an important point. We have no plans substantially to change the current taxation regime for company cars. Transport 2000 raised the matter with us, questioning whether unnecessary business mileage was in sum being increased to achieve tax breaks. No evidence of such usage could be found. There is anecdotal evidence, but overall I do not believe that there is widespread abuse.