Chat & Social > The Bar - General Chat
Lower Fuel Duty Petition
land-def-90:
--- Quote from: Thrasher on May 26, 2008, 22:41:59 ---It isn't the duty that's the killer at the moment - it's the barrel price of oil....
--- End quote ---
how do you work that out, i was led to believe seventy odd pence in the pound was tax, fuel is cheap until they slap mega tax on it :?
SteveGoodz:
--- Quote from: land-def-90 on May 26, 2008, 23:19:11 ---
--- Quote from: Thrasher on May 26, 2008, 22:41:59 ---It isn't the duty that's the killer at the moment - it's the barrel price of oil....
--- End quote ---
how do you work that out, i was led to believe seventy odd pence in the pound was tax, fuel is cheap until they slap mega tax on it :?
--- End quote ---
Total tax on a litre of petrol or diesel is about 63p. Fuel duty is a fixed amount in pence (not percent) so is the same irrespective of the pump price whilst the VAT is a percentage (17.5%) and, therefore, changes with pump price. The actual figures are on the HMR&C web site.
I'm not trying to defend this lousy Government but the price of fuel itself has far outstripped the tax on it.
Lincs niva:
Done :D
Cheers Gav
Bob696:
--- Quote from: Thrasher on May 26, 2008, 22:41:59 ---It isn't the duty that's the killer at the moment - it's the barrel price of oil....
--- End quote ---
We do have the highest Deisel prices in europe so it isn't just the raw price that is the issue.
--- Quote ---The only problem that I can forsee is that if the duty on fuel is reduced, they will have to hike up one of the many taxes that we pay elsewhere.
--- End quote ---
They could always try spending less money. Now theres a novel thought for this government.
Boddle:
--- Quote from: Ultra Hunter on May 26, 2008, 22:22:10 ---Whats the point?
Do they ever listen??
--- End quote ---
Something like 60% of voters think like that, stupid really if they all voted then the government would have to listen to them.
Signed!!!
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