questionText: To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential merits of reforming the Expensive Car Supplement component of Vehicle Excise Duty for used vehicles to reflect a) vehicle depreciation and b) purchase price at the point of resale.
answerText: The Expensive Car Supplement (ECS) is a supplement to Vehicle Excise Duty (VED) payable by vehicle keepers for five years, from years two to six following a car's first registration. The ECS rate is currently £425 per year, increasing to £440 from 1 April...
heading: Motor Vehicles: Excise Duties