Treasury written question – answered at on 22 October 2019.
Dan Jarvis
Labour, Barnsley Central
To ask the Chancellor of the exchequer, with reference to the Answer of 9 September 2019 to Question 284157, what assessment he has made of the economic effect on the UK motorhome industry of reclassifying motorhomes as cars for tax purposes.
Simon Clarke
The Exchequer Secretary
The government uses Vehicle Excise Duty (VED) to encourage the take-up of vehicles with low carbon dioxide (CO2) emissions to help meet our legally binding climate change targets. Transport is the largest sector for UK greenhouse gas emissions (27%), of which road transport accounts for over 90%.
Whilst the Government recognises the concerns of the leisure industry, tax is only one of many factors impacting purchasing decisions. Like all taxes, the Government is keeping the VED treatment of motorhomes under review. Any changes will be considered by the Chancellor and announced at fiscal events.
Yes1 person thinks so
No2 people think not
Would you like to ask a question like this yourself? Use our Freedom of Information site.
The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.
The Chancellor - also known as "Chancellor of the Exchequer" is responsible as a Minister for the treasury, and for the country's economy. For Example, the Chancellor set taxes and tax rates. The Chancellor is the only MP allowed to drink Alcohol in the House of Commons; s/he is permitted an alcoholic drink while delivering the budget.