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Chancellor Needs All Road Tax Revenue

12th December 1958, Page 41
12th December 1958
Page 41
Page 41, 12th December 1958 — Chancellor Needs All Road Tax Revenue
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Which of the following most accurately describes the problem?

L' hope of a reduction in the taxa

lion on road transport was offered by the Chancellor of the Exchequer in the House of Commons on Tuesday. He admitted that this year it would amount to nearly four times the 1938 level, but stated that he would find it difficult to do without the large amount of revenue.

Mr. R. E. Prentice (Soc., East Ham North) had pointed out that London Transport was paying about £5m. a year in vehicle and fuel tax, and wondered whether this was not one of the reasons why services had to be cut.'