6p off diesel and petrol for next 3 months.....

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Ooooh! There's gonna be a review into petrol and diesel prices. Maybe they'll confirm what I've suspected all along, that the taxman is ripping motorists off by levying far too much tax.
Not a hope.

Their call for information is about the market. Issues of supermarkets' and major oil companies' practices; independent retailers; competition between fuel retailers.
 

Smurfy

Naturist Smurf
Not a hope.

Their call for information is about the market. Issues of supermarkets' and major oil companies' practices; independent retailers; competition between fuel retailers.

Probably not, but it does raise awareness of how much the taxman is creaming off *.

A huge amount of tax is paid by many people on what is a necessity, and most of it isn't visibly re-invested in transport infrastructure.

* A while back someone started a campaign to have a proper statement on all receipts of what tax had been paid. For most goods this is VAT, but for alcohol, fuel etc. it's a lot more than VAT. Obviously our elected representatives didn't agree, they didn't want the total tax to be shown in black and white!
 

The Jogger

Legendary Member
Location
Spain
About time somebody attempted to bring these ultra rich oil barons under control, they are as bad as the bankers.
 

srw

It's a bit more complicated than that...
Does anyone else enjoy these little thread resurrections when people post stuff that's been done to death (and usually done down) earlier?
 
U

User482

Guest
Ooooh! There's gonna be a review into petrol and diesel prices. Maybe they'll confirm what I've suspected all along, that the taxman is ripping motorists off by levying far too much tax.
The percentage taken by the treasury has decreased not increased.
 

Drago

Legendary Member
Indeed, andcthecrisevin taxation had been counter productive - as tax rose, demand has fallen and the Governent are now receiving less revenue from road fuel than they did in 2010. I had to fill the wife's Disco up yesterday - I nearly crapped myself as it swallowed the thick end of £90 of DERV, so I can see why folk are using less.
 

Smurfy

Naturist Smurf
Does anyone else enjoy these little thread resurrections when people post stuff that's been done to death (and usually done down) earlier?

Unfortunately I haven't yet seen a good justification as to why motoring fuels have to cost so much.

The percentage taken by the treasury has decreased not increased.

Yes, it has. But the chunk taken by HMRC is still very large.
 
U

User482

Guest
Unfortunately I haven't yet seen a good justification as to why motoring fuels have to cost so much.



Yes, it has. But the chunk taken by HMRC is still very large.
It's to raise revenue. It's generally paid by people who can afford it, penalizes polluters and can be reduced by those prepared to make choices in their lives.

What other taxes would you raise to compensate for the loss in revenue?
 

srw

It's a bit more complicated than that...
It's to raise revenue. It's generally paid by people who can afford it, penalizes polluters and can be reduced by those prepared to make choices in their lives.
And, as yellow tim will know because I'm sure he's read the thread, it's still very low compared with the economic cost of motoring.
 

Smurfy

Naturist Smurf
What other taxes would you raise to compensate for the loss in revenue?

Taxes on fuel always hit the poorest harder than anyone else, so I'd say
1. anything that's based on ability to pay (e.g. income tax)
2. anything that's a non-essential (e.g alcohol)

As I've said before, when someone genuinely needs fuel to get to work, it's essentially a tax on employment.

By the way, does anyone have a proper source for that 'motoring costs society 3x more than the tax it generates' viewpoint that was floating around last week?
 
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