MOTOR TAXATION.

Northern Advocate, 4 June 1924, Page 7

MOTOR TAXATION.

REVENUE FROM TfRE TAX. The financial resources of the Main Highways Board continues to be a . source of anxiety to it. The matter l • j was discussed last week, when it was I pointed out that the Motor Vehicles j Bill was eagerly awaited, in order that i the Board might assess the possible ! revenue it would earn through its pro- I visions. ! \ In considering the tyre tax, the Board considered it was not sufficient for the purpose for which it was created. The Board recently communi- t cated with the Department of Internal i Affairs, to ascertain the additional amount of tax that would be secured by levying on tyres thr.t came into the country attached to vehicles, the tax being levied hitherto only on tyres imported separately. It was ascertained that o. sum of £32,000 had accrued during the last financial ye«n\ To that amount may be added the amount accrued under the Customs Amendment Act, under which motor tyres are taxable. The additi'mal revenue will be fro?n the time th.it Act was passed to March 31, 1023 period or about 1.1 months.