PURCHASE TAX COMMITTEE MEETS THE Purchase Tax (Valuation) Com mittee,
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whose appointment was announced by the Chancellor of the Exchequer on July 24, held its first meeting recently. Its terms of reference are to examine representations ,of traders as to the principle of assessing purchase tax at a common-value level, and to make recommendations on the manner in which this or any alternative principle should be applied in valuation for purchase tax.
Traders should, so far as possible, submit representations through their trade organization to the secretary of the committee at King's Beam House, Mark Lane, London, E.C.3. Wherever possible, 30 copies should be sent, and the closing date is September 15.
ELECTRICS FOR HOSPITAL
THE Bridge of Earn hospital is to buy three battery-electrics to replace petrol-driven vehicles in the distribution of food, stores and laundry at the hospital. It is estimated that the outlay of the battery-electrics will be saved within 18 months and that there will be a saving thereafter of £1,500 a year.