AT THE HEART OF THE ROAD TRANSPORT INDUSTRY.

Call our Sales Team on 0208 912 2120

P.T. Down to 25%: Eleetries Exempt R OAD transport has gained

17th April 1953, Page 30
17th April 1953
Page 30
Page 30, 17th April 1953 — P.T. Down to 25%: Eleetries Exempt R OAD transport has gained
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.

Which of the following most accurately describes the problem?

little concession in the Budget. Purchase tax on goods-vehicle chassis has been reduced from 33+ per cent. to 25 per cent. Electric goods vehicles, which previously attracted purchase tax of 33+ per cent, on their chassis, are now exempt. Exemption has also been granted to London taxicabs, as recommended by the Runciman Committee (see pages 268 and 276).

Purchitse tax on private cars has been lowered from 66+ per cent. to 50 per cent. as part of an all-round reduction by a quarter.

The Chancellor of the Exchequer has not heeded the pressing representations of operators and manufacturers for a reduction in fuel tax, although the object of his Budget is to hasten trade. To this end, the excess profits levy is to be withdrawn before January 1, 1954.

30 M.P.H. FOR HEAVIES SOON? A T the time of closing for press, no 1-1confirmation could be obtained of the newspaper report that the Government had decided to raise the speed limit on heavy goods vehicles to 30 m.p.h. At the time the report appeared, the Minister of Transport was away.

It is thought, however, that the Government have almost made up their minds on the matter, if they have not already done so, and that an increase in the speed limit will be announced shortly. Most of the obstacles in the way of the concession are believed to have been overcome.

II MORE HAULIERS PAID

THE Transport Arbitration Tribunal, in London, on Monday. confirmed agreements between 11 hauliers and the Road Haulage Executive. A total of £450,345 in compensation is to be paid to them.

Stephen Price receives £50,000; Ernest B. Ward Road Transport Services, Ltd., £53,000; Alexander Cecil Leake, £23,851; Greenwood Bros., £32,744; J. French and Sons, £22,150; S. Ball and Son (Transport), Ltd., £26,000; H. Hickman and Son, Ltd., £36,000; Richard Febry, £39,000; Dakin Bros., £80,000; and Newport Transport and Engineering Co., Ltd., £29,100.

Under a compromise agreement, Pitter and Sons. Ltd., were awarded the sum of £58,500.

NEW LIGHT DOUBLE-DECKER A LIGHTWEIGHT double-deck bus 11 of integral construction is among the projects on which a leading British manufacturer is working. So far, only the chassis has been built. It was completed about a month ago and has been seen several times on road test.

The vehicle is in the early stages of development and is unlikely to go into ptoduction this year.


comments powered by Disqus