HC Deb 30 May 1957 vol 571 cc41-2W
15. Mr. Gurden

asked the Chancellor of the Exchequer whether he is aware of the handicap imposed on the industries producing commercial vehicles and public service vehicles by the maintenance of severe hire purchase restrictions on their products and by the imposition of Purchase Tax at 30 per cent. on goods vehicle chassis; and whether, in view of the fact that no other major item of industrial capital equipment is similarly taxed, he will take remedial action at an early date.

Mr. Powell

I would refer my hon. Friend to the alterations in hire purchase restrictions announced by my hon. Friend the Parliamentary Secretary to the Board of Trade on 28th May.