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MR HEALEY'S mini-budget means virtually nothing to road hauliers. The

26th July 1974, Page 18
26th July 1974
Page 18
Page 18, 26th July 1974 — MR HEALEY'S mini-budget means virtually nothing to road hauliers. The
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Which of the following most accurately describes the problem?

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 thc carrying capacity, performance, and mileage covered. The maximum saving for a 12-ton gvw returning 8mpg and running 1,200 miles a week will be £1.50. A 5-tor van running at 15 mpg ovei 500 miles a week will cosi 33p less. These amounts art infinitesimal in the cost oi household removals.