asked the Minister for Finance if he will reduce or abolish the excise duty on competition motorcycles imported for use other than on public roads.
Written Answers. - Motor Cycle and Car Excise Duties.
188.
I do not consider that reduction or abolition of the excise duty on competition motorcycles would be justified having regard to the excise duty on motorcycles and motor vehicles otherwise and to the administrative problems which would be involved in confining such a concession to competition motorcycles.
189.
asked the Minister for Finance the amount collected in excise duty on imported motorcycles in each of the past five years.
The information requested is as follows:
Excise duty collected on imported motorcycles
|
Year |
Amount (£) |
|
1974 |
136,449 † |
|
1975 |
192,787 † |
|
1976 |
162,986 |
|
1977 |
158,207 |
|
1978 |
331,491 |
With effect from 1 March 1979 the Excise and Value Added taxation on motorcycles has been restructured. Excise duty is now at a rate of 35 per cent as compared with 15 per cent previously.
† In 1974 and 1975 the fiscal duty on motorcycles was not an excise duty, but constituted the main element of the customs duty on these goods. The figures quoted for these years, therefore, contain an element of protective duty. The Customs Fiscal Duties were converted to excise import duties on 1 January 1976.
190.
asked the Minister for Finance the rate of excise duty on imported motorcycles and the equivalent rate for cars.
Motorcycles and motor cars, whether imported or home-assembled, are liable to excise duty at the rate of 35 per cent of the open market selling price, that is, the price, excluding VAT and excise duty, which they might reasonably be expected to fetch on a first arm's length sale by a manufacturer or assembler to a dealer.