Test Case on Tax Allowances
Page 45

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LIAULIERS who bought transport
1 units from the British Transport Commission are being advised to guard against the possibility of surprise demands from the income-tax authorities.
In some cases local inspectors of taxes have allowed to be set against tax an amount equal to the value of the special A licences that went with transport units. In other instances the reverse attitude has been adopted.
It is likely that a test case will have to ne taken to decide the question, and the Road Haulage Association believe that it would be prudent for operators who have been granted a tax allowance on the value of the licences to set aside a sum in case of an unfavourable decision APPEALS PARTLY SUCCEED
1--IN appeal by A.A. Motor Services, Ltd., the Minister of Transport has made an Order on the Scottish Traffic Commissioners to remove an extension of route and additional journeys granted to Western S.M.T. Co., Ltd. The Western S.M.T. were authorized /0 extend to Caldon Road their stage services between Kilmarnock and Irvine. and Irvine and Harbour.
The Minister has, however, rejected other appeals by A.A. Motor Services and Irvine Town Council relating to the same services.
B.M.C. RENTAL SCHEME
A SCHEME for renting commercial tt vehicles up to 30-cwt. payload capacity has been introduced by the British Motor Corporation in conjunction with the United Dominions Trust, Ltd.
An amount equal to 31 per cent, of the list price has to be paid in advance to cover the first nine months' hire and a further 10 per cent. by 12 monthly instalments. A total of 41 per cent. is payable in the next two years in equal monthly instalments.
HIRE SCHEME IMPROVED
THE Stanhire rental scheme, under
which Standard commercial vehicles may be hired, has been altered to require only 41 per cent. of the initial purchase price of the vehicle to be paid in the first year. Previously, the amount was 57 per cent. The overall period of monthly rentals has been extended to three years.