A !ti::• change' Budget MR HEALEY'S mini-budget means virtually nothing
26th July 1974, Page 16
26th July 1974
Page 16
Page 16, 26th July 1974
— A !ti::• change' Budget MR HEALEY'S mini-budget means virtually nothing
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to road hauliers. The reduction in VAT from 10 to 8 per cent will have no effect on transport costs or haulage rates. Only operators engaged on domestic removals, providing a service for a private individual, are likely to be affected.
The extent of the reduced fuel costs varies with the carrying capacity, perform. ance, and mileage covered The maximum saving for a 32-ton gvw returning 8mpE and running 1,200 miles a week will be £1.50. A 5-tor van running at 15mpg ovei 500 miles a week will cosi 33p less. These amounts are infinitesimal in the cost 01 household removals.