§ Mr. Don FosterTo ask the Chancellor of the Exchequer what the total cost to the Treasury will be at(a) the outset of its introduction and (b) projected in the next three years of (i) the reduction in vehicle excise duty for vans meeting the Euro-IV emissions standard from March 2003 and (ii) the freeze of other van VED rates, as announced in the Budget. [52410]
§ Mr. BoatengThe cost of the reduction in VED for vans meeting euro IV emissions standard from March 2003 is given in table A.1 (page 155) of the FSBR. The cost of the freeze for all vans first registered after 1 March 2001, which are recorded in the light goods vehicle class is negligible. For vans registered before 1 March 2001 specific data are not available.