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" Base. Purchase Tax on Tonnage A CCORDING to Sir John

10th November 1950
Page 33
Page 33, 10th November 1950 — " Base. Purchase Tax on Tonnage A CCORDING to Sir John
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Which of the following most accurately describes the problem?

E. r 1Thornycroft, governing director and chairman of John I. Thornycroft and Co., Ltd., purchase tax on goods chassis and the 20 m.p.h. speed limit on vehicles weighing more than 3 tons unladen are stimulating the purchase of commercial vehicles that are unsuitable for export. They are also encouraging overloading, and causing operators to buy low-priced vehicles

In the past, says Sir John, the specialist and heavy vehicle manufacturers have Provided the reserve capacity for the supply of military vehicles, and training grounds for personnel. The weakening of these, companies would not be in the national interest. If purchase tax has to be imposed, it should be on a rated laden ton basis, irrespective of the cost of individual types of vehicle.

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