Roads: Freight
Commons · Question 30112 · Tabled 10 Feb 2025 · Treasury · Official record
Answered 18 Feb 2025
Question
Asked by Ben Lake
To ask the Chancellor of the Exchequer, whether her Department plans to extend full expensing to leased vehicles to support the road haulage industry in Wales.
Answer
Answered by James Murray, 18 Feb 2025
The UK has one of the most generous and competitive capital allowances regimes in the world and is the only major economy with permanent full expensing.The government recognises the case to extend full expensing to leasing and will explore making this cha...