§ Mr. Nicholas BrownTo ask the Chancellor of the Exchequer what is the extra revenue that would be received if company cars were taxed to their full value.
§ Mr. Maude[ holding answer 25 February 1991]: The benefit of the private use of a company car is taxed by reference to fixed scale charges. But the value of private use to any particular employee depends on a wide range of factors. Information about these is not available, so it is not possible to provide an estimate of the aggregate extent to which the private use of company cars is undertaxed.