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NOT UPSET BY PURCHASE TAX

4th August 1950, Page 33
4th August 1950
Page 33
Page 33, 4th August 1950 — NOT UPSET BY PURCHASE TAX
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Which of the following most accurately describes the problem?

" UP to date, purchase tax has had no serious repercussions," said •Mr. W. G. Allen, chairman and managing director of Atkinson Lorries (Holdings), Ltd., at the annual general meeting last week. Last year, nearly a third of the output of Atkinson vehicles was exported, despite difficulties over import licences and currency.

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