XN000022-1974-02-27 — Page 2

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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 ....