Selective Employment Tax (Motor Vehicles)

HC Deb 23 February 1973 vol 851 c232W

Mr. Deakins

asked the Chancellor of the Exchequer what proportion of the prices of new cars is represented by SET.

Mr. Nott

The element of cost represented by SET in the sale of new cars will depend on the dealer's individual circumstances, and in particular on his labour costs/turnover ratio.