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Time to down-tax

9th October 1982
Page 7
Page 7, 9th October 1982 — Time to down-tax
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Which of the following most accurately describes the problem?

be taxed at a lower weight an their gross vehicle weight." He added: "Such down:ensing would not only benefit )mpanies which use high ated weight vehicles to carry 3ht bulky loads, such as plastic lam or breakfast cereals, but ould also fulfil the main pur)se of gvw taxation, namely at taxes should relate directly Iroad wear."

Mr Turvey made this appeal ter claiming an FTA success ir the operation of the switch om unladen weight taxation on ctober 1, as the Treasury had aen persuaded not to increase le tax burden upon operators. He said: "It is rare these days

■ r taxes to remain static, virally unknown for them to fall, at many companies are finding at their tax bills have actually :duced as the Government has Dnoured its commitment that

the change in the tax system would be 'financially neutral'."

While he accepted that some operators of four-axle maximum weight articulated vehicles must now pay more, he said such increases are fully compensated.

"It would have been the easiest thing in the world to add another 10 or 20 per cent to the industry's tax burden, and the ETA was alive to this possibility from the first time that gvw taxation was contemplated," Mr Turvey said.


Organisations: ETA
People: Turvey

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