We all know that a huge proportion of our petrol and diesel costs are taken up by tax, but how many of you know exactly how much is tax?
I certainly don’t – that’s why I wholeheartedly agree with the suggestion by the FTA (Freight Transport Asssociation) that filling station operators should amend their receipts so that the cost of fuel is broken down into fuel cost, fuel duty and VAT.
This is already common practice with VAT – so why not fuel duty?
Fuel duty is currently a staggering 50.35p per litre – probably more than most people realise. I have to admit I thought it was “about 40p” – as did most other people I asked.
The FTA’s Director of External Affairs, Geoff Dossetter, provided a simple example to show just how this duty adds up:
“With fuel duty at 50.35p per litre and VAT at 17.5 per cent then the cost of a typical fill of 50 litres of fuel at £1.05 per litre works out at £52.50. This consists of £19.51 for the fuel, £25.17 for the fuel duty and £7.82 for the VAT.”
“So, for 50 litres at the pump, we are paying £19.51 for the fuel plus an eye-watering £32.99 in taxation. And now the Chancellor is looking for a further 2p per litre in April!”
The FTA believe that oil companies and filling station operators should make sure that the public understand just how much duty and tax they pay on fuel – especially as the government are planning a further 2p per litre rise in fuel duty in April, pushing fuel prices ever higher.
The government are money grabbing b****ds, Greece pay around 55p per litre and its the same fuel we use!!
The ONLY way to demonstrate to this evil money grabbing, self gratifying “Champagne Socilaist” excuse for a government is a GENERAL STRIKE – the like of which has not been seen for almost 80 years! The ministers and MP’s could not care less about you and I – they care only about their “idealistic policies” and their own HUGE pay packets and inflation proof pensions. Where else can one obtain a full pension whilst only being on the payroll for 14 years?
Let us have a GENERAL STRIKE and march to London to show the illegitimate sons of ******!
would it not give a little respite to the cost of fuel , if we paid VAT on the fuel and not on the duty, do not the members of our house of commons understand, that to rob the public is a criminal offence