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Wednesday, February 27, 1974
TAX ON LIQUOR AND TOBACCO AND CAR LICENCE FEES INCREASED
Train Fares And Parking Charges Likely To Go Up
A series of tax increases affecting motorists, drinkers and
spokers came into effect at 2.30 p.m. today (Wednesday).
The increases apply to duties on intoxicating liquor, tobacco,
vehicle licences and first registration of vehicles.
In outlining the revised rates during his Budget speech, the
Financial Secretary, the Hon. Philip Haddon-Cave, also noted that train
fares and off-street parking charges are likely to go up in the near future.
With immediate effect, fees for vehicle licences will be based
on two platforms according to engine capacity, instead of six, with the
dividing line at engines of 1,500 cubic centimetres.
For private cars with an engine capacity of 1,500 cc or less
the licence foo will be $400 a year, while owners of cars above this
capacity will pay $1,000 a year.
The new licence fee for public cars will be $1,150, that of
taxis $320, that of motorcycles and motor-tricycles $200, while that
for public light buses is doubled from $3,000 to $6,000 a year.
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In the case of goods vehicles, four new platforms are introduced
with the following rates.
20 cut and under at $300
over 20 cwt and up to 45 cwt at $600
over 45 owt and up to 75 cwt at $900, and $1,200 for heavy goods vehicles.
These increases ....