Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if her Department will make an assessment of the potential impact of abolishing the Vehicle Excise Duty exemption for classic cars on owners of (a) classic and (b) heritage vehicles.

The Government annually reviews the rates and thresholds of taxes and reliefs to ensure that they are appropriate and reflect the current state of the economy. The Chancellor makes decisions on tax policy at fiscal events in the context of the public finances.