Asked by: Lord Leigh of Hurley (Conservative - Life peer)
Question to the HM Treasury:
To ask His Majesty's Government, further to the Written Answer by Baroness Vere of Norbiton on 25 April (HL3766), when they sought permission from the EU to extend the sunset clause for enterprise investment schemes and venture capital trust schemes.
Answered by Baroness Vere of Norbiton - Parliamentary Secretary (HM Treasury)
The government’s engagement with the EU Commission on the extension of the Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) sunset clauses is ongoing.
The government believes the schemes continue to be consistent with subsidy control principles and address an evidenced market failure.
Asked by: Lord Leigh of Hurley (Conservative - Life peer)
Question to the Department for Transport:
To ask His Majesty's Government what estimate they have made of the number of motor vehicles which are subject to a 'statutory off road notification' but are currently on UK highways.
Answered by Lord Davies of Gower - Parliamentary Under-Secretary (Department for Transport)
The outcome of the most recent roadside survey, which provides an estimate of the number of unlicensed vehicles in traffic, was published in December 2023. This showed that 98.7 per cent of vehicles across the UK were correctly licensed, which equates to an estimated 498,000 unlicensed vehicles and an evasion rate of 1.3 per cent.
The survey indicated that five per cent of the estimated 498,000 unlicensed vehicles were subject to a statutory off-road notification.
Asked by: Lord Leigh of Hurley (Conservative - Life peer)
Question to the Department for Transport:
To ask His Majesty's Government what estimate they have made of the number of untaxed vehicles driving on UK highways.
Answered by Lord Davies of Gower - Parliamentary Under-Secretary (Department for Transport)
The outcome of the most recent roadside survey, which provides an estimate of the number of unlicensed vehicles in traffic, was published in December 2023. This showed that 98.7 per cent of vehicles across the UK were correctly licensed, which equates to an estimated 498,000 unlicensed vehicles and an evasion rate of 1.3 per cent.
The survey indicated that five per cent of the estimated 498,000 unlicensed vehicles were subject to a statutory off-road notification.