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Road Tax Hin ders Industry

15th March 1963, Page 50
15th March 1963
Page 50
Page 50, 15th March 1963 — Road Tax Hin ders Industry
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Which of the following most accurately describes the problem?

rXCESSIVELY high taxation on road

use is one reason why industry is reluctant to set up new factories in the North, says the British Road Federation in a memorandum to the Chancellor of the Exchequer calling for the removal of the surcharge on fuel duty and its further

reduction by 10 per cent to bring it to a level of 2s. 3d. a gallon.

The total of road taxation will, it is estimated by the Federation, amount to £745 million in the current year. For the three main classes it is made up as follows:—