§ Mr. Tony Banksasked the Chancellor of the Exchequer what is his latest estimate of the percentage of total mileage of company cars spent on private motoring.
§ Mr. Norman Lamont[pursuant to his reply, 5 February 1987, c. 756]: A company car may be a taxable benefit for an employee if it is available for his or her private use. The taxable amount of the benefit depends to some extent on the amount of business use, but it is not dependent on the amount of private use and there is no requirement for that to be reported to the Inland Revenue. Estimates of the percentage of total mileage attributable to private use cannot therefore be produced from Inland Revenue data.