Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment has he made of the potential merits of the recommendation of the Road Haulage Association to extend full expensing to the cost of leased vehicles, published on 26 January 2024.

At the Autumn Statement 2023, the government confirmed it will keep this proposal under consideration and will be publishing draft legislation for a period of technical consultation in due course.

The government will continue to work with industry on this important issue, through the established working group.