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ET provides problem

30th September 1966
Page 54
Page 54, 30th September 1966 — ET provides problem
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Which of the following most accurately describes the problem?

IR. J. ROSTRON, manager and engineer of Grimsby Cleethorpes Transport, has oiled to the Joint Transport Committee I the Selective Employment Tax is costing undertaking £450 per week. He expressed icern regarding the delay in getting both ; and the fuel tax refunded, and it was .eed he should write to the East Midland iffic Commissioners. Mr. Rostron said: 'e have asked how we are going to get this ney back and nobody seems to know."

The treasurer, Mr. J. Brooksbank, asked for hority to request a £20,000 overdraft from bank. He said it was the first time the iertaking had made such an application. un reason was the Selective Employment K. He agreed with Councillor W. Solomon I they would have to pay 7per cent :rest on the overdraft and that the Governnt would not repay this when it made the .md. Said Mr. Solomon: "It is just a way of dng a tax-free loan out of us".


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