§ 18. Mr. CorbynTo ask the Chancellor of the Exchequer what is the cost in the last financial year of tax relief on company cars; and if he will make a statement.
§ Sir John CopeCapital allowances for company cars are estimated to have reduced corporation tax receipts by about £900 million in 1991–92. The hon. Member would not expect me to make a statement on taxation matters at this time of year.