Chat & Social > The Bar - General Chat
fuel prices
Boddle:
No but the majority of it it is
Unlike Veg oil tax which you pay a fixed figure tax over 2500L pa that you use
If you go over the 2500L pa you pay 25p(or what ever it is now) per litre in Tax no matter how much you have payed for the veg oil
Petrol and Diesel the Tax is a percent about 400% so if the price goes up by 1 pence the price you and see goes up by 5 pence 4 pence additional Tax. I don't mind to much that.
So looking at it like that take increase over the last few years from 70p to your now 100p a litre only 6p is increase in fuel cost the rest is Tax.
The Tax is the main problem not the increase in price of fuel, most of us can live with 3% increase at current is nearing 12% over last few solely due to Tax added as a result of the increase in price.
Thrasher:
Maybe it's me - but as I recall the government actually advertise THEIR tax rises - at the budget.
Any fluctuations other than then - are either DECLARED at budget time, or made by the FUEL companies. What we are currently seeing is surely not a government tax increase?
L90OOK:
Possibly but if the government put a % on the fuel price & not a fixed price tax then any increase from fuel companies will have the governments % on it too :evil:
Thrasher:
Well yes ... but they don't do they? They usually declare it as 1p or 2p etc .. on the price. As a percentage that is actually quite small now :shock:
P.S. I'm just going on what I recall - haven't googled or anything yet!
Silvery Thing:
I wonder how many people on here realise that the price of a barrel of crude oil is now over $90 :?
Now could it be possible that this fact may have anything to do with the price of fuel at the pumps :roll:
Yes yes I know we are taxed too highly on the price of a litre of fuel but we are subject to market forces here :cry:
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