Question to the HM Treasury:

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.

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 change when fiscal conditions allow.