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Re: Fuel Prices
from the press(god bless them) it looks as though the oil cartels are not completely guilty.. the figures show that about 60{e5d1b7155a01ef1f3b9c9968eaba33524ee81600d00d4be2b4d93ac2e58cec2d} of the cost of a litre of fuel (petrol or diesel) is TAX… the market price of fuel is about 48p then add the tax, then add the vat and you get to the current pump price… we know that all the oil firms make big profits but they sell their products and HM TREASURY jump on the market and MAKE A PROFIT and do SFA except collect!! you would think that given the fabulous array of brains, culled from the best universities some one may have have noticed the flaw in the plot….LETS…A)… DO WAY WITH THE 10P TAX LEVEL. B) LETS INCREASE THE INCOME FROM THE MOTORIST VIA FUEL…C) LETS HIT HIM AGAIN AND INCREASE THE VED ON HIS CAR….all these proposals will save the planet and will be certain to get us all votes as we will be seen to be saving the planet.. oh and by the way we will be able to finance the wars in iraq and afganistan which are just and reasonable wars which both we and the americans agreed would save the world.
grumpy and bitter
richardRe: Fuel Prices
Just to add insult to injury…
You get charged VAT on the fuel duty. In effect, you pay Value Added Tax on Fuel Duty Tax, that one still winds me right up as half the VAT you pay on fuel is a tax on a tax.
Roughly @ £1.25 per litre…
53p = Fuel cost
54p = Fuel Duty
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19p = VAT
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£1.25 per litreYou’ll also note that the spin is that HMG isn’t making any more than they were off the increase in raw fuel prices. This is true, in percentage terms only. In actual cash terms they are raking in a LOT more in taxation.
K.
Re: Fuel Prices
What amused me this week is the hints from Darling that he MAY put off the proposed 2p rise in duty till next year.. while during the week the pump price went up abput twice that! :rolls:
Re: Fuel Prices
Hi All
Between £129 to £136 around here in bedfordshire.
But I did find one in london still at £122 couldnt get into it though to much of a que
Bryan
Re: Fuel Prices
r600a wrote:Hi All
Between £129 to £136 around here in bedfordshire.
But I did find one in london still at £122 couldnt get into it though to much of a que
Bryan
😯
At that price Im just glad I don`t live in Bedfordshire 😆 😆
Don
Re: Fuel Prices
r600a wrote:Hi All
Between £129 to £136 around here in bedfordshire.
Bryan
I read R600`s post and it made me chuckle at the price of one hundred and twenty nine pounds a litre!!!!
If it does reach that price everyone will be either walking everywhere or getting on their bikes 😆
Don
Re: Fuel Prices
I don`t think you’re getting the point……….
getting the point……… the point……
Oh I crack myself up. 😆
Re: Fuel Prices
bazza500 wrote:I don`t think you’re getting the point……….
getting the point……… the point……
Oh I crack myself up. 😆
Sorry bazza, it`s taken quite a while for the caffeine to kick in this AM after what was a heavy night out 😳
Don
Re: Fuel Prices
Oh Well
It was early !! you lot was still in the land of nod as I was just leaving for my first call.
Bryan
Re: Fuel Prices
I want one of THESE
No doubt the government would still whack massive tax on top. 😥
Jim.
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