AT THE HEART OF THE ROAD TRANSPORT INDUSTRY.

Call our Sales Team on 0208 912 2120

Mini-vans eligible for tax relief

3rd April 1970, Page 26
3rd April 1970
Page 26
Page 26, 3rd April 1970 — Mini-vans eligible for tax relief
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?

• Mini-vans—Austin A35s, Morris 1000s and 6ewt Bedfords—were held in the High Court on March 18 by Mr Justice Megarry to qualify for investment allowance since they were of a type not commonly used as private vehicles and unsuitable to be so used.

His Lordship, who was hearing appeals by Granada TV Rentals Ltd and S and U Stores Ltd against decisions by panels of special commissioners, said that Parliament had intended that a trader buying a genuine trade vehicle should get an allowance; it should not be taken away because vehicle! of that type were sometimes used as privati vehicles. In particular, he said, it wouk seem to be a bizarre result if the buyer of genuine trade vehicle who used it for tradi purposes was to be deprived of hi: allowance because the financial inducemen of the purchase tax system temptec motorists to use for private purposes simila vehicles although unsuitable for tha purpose.

Costs were awarded against the Crown i both cases.

Tags

Organisations: High Court

comments powered by Disqus