Now watch the price of fuel take off!
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If you guys in England think fuel is expensive LOOK OUT. Crude oil topped out at USD$118 this week and already we have seen our gas (petrol) go up dramatically at the pumps which pisses me off as we, as a country (Canada), produce the damned stuff.If you are paying 110p now this will look cheap in 4 months time.
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.....its allready £5 a gallon........................can understand that prices have to rise (crude oil)....but its the tax thats added in this country that SUCKS ASS.............
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the modern direct injection and commonrail injection diesels dont like the veg oil, and now there is becoming a world wide veg oil shortage the retailers have hiked the price of that right up aswell. tesco charging £1.07 a litre for veg oil
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how much do we pay in duty and tax on fuel now this took some finding try it for yourself the official hm revenue site waffled on but never actually said how much clearly written by a polotician.
Found this on a van hire site believe it or not
Do You Realise How Much Fuel Duty You Are Paying?
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?![](http://www.mylocalvanhire.co.uk/vanblog/wp-content/uploads/2008/02/fuel.jpg)
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!”
Found this on a van hire site believe it or not
Do You Realise How Much Fuel Duty You Are Paying?
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?
![](http://www.mylocalvanhire.co.uk/vanblog/wp-content/uploads/2008/02/fuel.jpg)
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!”
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you want a toyota poous like me I have started a craze the PF poous owners club
www.passionpoous.com
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It said on the news that a barrel of oil in the USA was already at 120USD!?
how much are LPG Conversions? Not that i'd put one on the SAph, Closed Loop is enough! ROFL
how much are LPG Conversions? Not that i'd put one on the SAph, Closed Loop is enough! ROFL
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#19
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for a decent LPG setup by a good company i have been quoted £1500 on the zetec mondeo. i am worried about spending that much in case they hike the price of LPG right up.
i know of people who have had cheapo LPG systems put into V6 mondeo's and had alot of running problems, but i know someone who had a decent multipoint setup on a ST200 (costing £1800 ouch!) and it runs like a dream.
not sure i would want to put LPG on something like a high boost big-turbo cossy though....
i know of people who have had cheapo LPG systems put into V6 mondeo's and had alot of running problems, but i know someone who had a decent multipoint setup on a ST200 (costing £1800 ouch!) and it runs like a dream.
not sure i would want to put LPG on something like a high boost big-turbo cossy though....
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