Duty's a flat rate per litre isn't it? And VAT is VAT. Anyway, quite apart from the issue of climate change, there's a war on. Things are going to get expensive.I just heard earlier that petrol will go up to 2 pounds a litre on Monday. I hope this is just a rumour but who knows?
If it is true, the chancellor will make billions extra on fuel duty and should reduce the tax on it then.
Agree generally but if the price goes up and people buy less, doesn't the revenue from duty go down? And at what point does that get offset by the increased take from VAT?In an ideal world the money made would go to massively improving public transport but that is unlikely sadly.
Cost of driving is so low compared to public transport.I just heard earlier that petrol will go up to 2 pounds a litre on Monday. I hope this is just a rumour but who knows?
If it is true, the chancellor will make billions extra on fuel duty and should reduce the tax on it then.
Cost of driving is so low compared to public transport.
OAPs will be struggling to keep their living rooms warm.
Most of the OAPs round here do very little mileage. The cost of gas and electric is far higher than their petrol bills.And struggling with the cost of fuel for their cars.
Bikes coming out next week. Getting my arris in gear been lazy since last year .I hope you are right but nothing would surprise me at the moment. Worrying times indeed.