§ Mr. Austin MitchellTo ask the Chancellor of the Exchequer what is his forecast for capital allowances other than first year allowances for plant and machinery and vehicles for 1987; whether he will gross up for each year since 1976 the implied value of corporate investment in company cars together with the loss to the revenue; and if he will publish in theOfficial Report a table showing the annual increase in gross and net investment in plant, machinery and vehicles less the estimated figure for company cars.
§ Mr. LilleyCapital allowances for plant, machinery and vehicles are estimated at £15 billion in 1987, excluding public corporations. The available data on capital allowances for companies' cars are very limited and not sufficiently detailed to serve as the basis for estimates of annual expenditure.