Written Question·Treasury·UIN 30112
Roads: Freight
Tabled: 10 February 2025
Answered: 18 February 2025
Question
Ben Lake
Plaid Cymru — Ceredigion Preseli
To ask the Chancellor of the Exchequer, whether her Department plans to extend full expensing to leased vehicles to support the road haulage industry in Wales.
Answer
James MurrayThe UK has one of the most generous and competitive capital allowances regimes in the world and is the only major economy with permanent full expensing.The government recognises the case to extend full expensing to leasing and will explore making this cha...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 30112) →