P.T. •and Fuel Duty Attacked
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THE export achievement of the motor industry placed it in the lead in the country's drive for economic recovery. It was disturbing, hcfwever, that it should be called upon to carry one of the main burdens of taxation. Its back was broad and no doubt a tempting place on which to lay the .burden.
Mr. W. Lyons, president of the Society of Motor Manufacturers and Traders, made this statement last week at the Society's annual general meeting.
He said that the industry must insist that purchase tax on vehicles be regarded as strictly temporary, and that it should be under constant review so that its removal could be effected before the industry was ruined.
"It is difficult to understand why a further addition should be placed upon already rising costs by the increased tax on petrol. Over 84 per cent, of that fuel is consumed for commercial and other essential purposes. It is, in fact, equivalent to placing a tax on coal, which everyone would consider to be absurd," commented Mr. Lyons.