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Company Cars

Volume 113: debated on Friday 3 April 1987

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asked the Chancellor of the Exchequer whether he will publish in the Official Report his best estimate of the cost of new cars purchased by companies in 1986–87 for their own use, including by their directors and employees, or for the use of other business under lease or contract hire.

I have been asked to reply.I regret that estimates of this nature are not available.

asked the Chancellor of the Exchequer whether he will publish in the Official Report representative figures showing the current annual cost to companies of providing new cars for the use of directors and higher-paid employees where the beneficiary is entitled to choose his own car within a specified price, but where (i) the car is acquired under a straightforward lease and (ii) the whole cost of putting the car on the road and maintaining it is carried by the supplier under a term-mileage contract; and if he will provide figures for a representative price range of cars within each category of scale charge, and for a Roll-Royce.

I have been asked to reply.I regret that the information is not available.