Duple's Profits Argued in Court
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--rw0 different ways by which the profits of Duple Motor Bodies, Ltd., could be computed were discussed in the Court of Appeal last week.
• The Inland Revenue Commissioners were appealing against a decision of Mr. Justice Vaisey in July, 1959. He had upheld the company's contention that the direct-cost method should be applied. This involves only the cost of materials and labour.
The Commissioners argued that the oncost method, which adds a proportion of indirect overhead expenditure, should be employed.
Mr. F. N. Bucher. Q.C., for the appellants, said that one method had to be decided under the Income Tax Acts, for otherwise two companies in an identical position could have different calculations for tax.
Giving decision, the Master of the Rolls upheld Mr. Justice Vaisey's judgment and dismissed the appeal with costs. Lord Justice Harman and Lord Justice Pearce agreed. The Court, however, avoided laying down a general principle that either of the two methods was always to be employed.
Leave to appeal to the House of Lords was refused, but it was recommended that , this be sought from the House itself. Mr. Bucher said that the House would' be asked to decide on a general principle to cover the situation.
GUY WITH G.M.C. ENGINE ATRACTOR being assembled in Australia by the H.D. Truck Manufacturing Pty., Ltd., Sydney, is based on Guy Invincible Mark II components, but has a G.M.C. 4-71 four-cylindered twostroke oil engine, developing 152 b.h.p. at 2,300 r.p.m.
The vehicle, known as the H.D., looks like a Guy in that it has the standard Invincible part-plastics cab and Guy front axle and double-reduction rear unit. A 12-speed gearbox is fitted and the maximum permissible train weight is 30 tons.
The H.D. sells in Australia for £A5,992 (£4,794).
SUCCESS IN UGANDA 'TWO-THIRDS of the 626 new lorries L registered in Uganda last year were of British manufacture. The most popular makes were Bedford, with 161, Mercedes-Benz, 114, and Austin, 99. Nearly half of the 625 vans registered were of Continental manufacture. Peugeot topped the list with 188. British Ford claimed 77 sales.
ORDERS FOR GARDNERS
ORDERS for 74 passenger vehicle chassis, specifying Gardner 6LW and 6LX engines, have been placed by Lancashire United Transport, Aldershot and District Traction Co., and Wolverhampton Transport Department. The orders are shared by Dennis Bros., Ltd., Guildford, and Guy Motors, Ltd., Wolverhampton.