dget ups operating costs
Page 27
If you've noticed an error in this article please click here to report it so we can fix it.
?. road haulage industry faces a further sharp rise in operating costs arising out of y's Budget proposals for dearer motor fuel and oil and a higher Selective Employment Tax ution.
Conservatives are to vote against both measures at the end of the Budget debate in the )ris on Monday.
on petrol and other light oils, and on heavy oils used by road vehicles, is to be raised e present rate, including surcharge, of 4s 3.7d a gallon to 4s 6d. This, according to the nor, should mean an extra 2d a gallon at the pump. The additional revenue yield will be n a full year.
service bus operators are to be relieved of the increase by means of additional fuel Jnder Section 33 of the Transport Act. Cost in a full year will be £2m.
-ate of S.E.T. for adult male employees is to go up from 37s 6d to 48s a week from July other rates in proportion.
Chancellor rejected the idea of raising the vehicle excise duty, but said he "could not 3me further contribution from road users".
(RNA and FTA comment on page 30)