Petrol hits £1 a litre
Discussion
Not quite.
There is VAT on petrol. So as the cost goes up the chancellor takes more in VAT.
If you're paying £1/litre then 14.9p of that is VAT.
Only 85.1p goes to the cost of petrol+duty.
Plus its set to get worse. Anyone remember the 2p/litre increase in duty to start later this year?
Well its coming. I think I worked out that this will net the government an EXTRA £1.4 billion a year.
Where does it all go?????
For me the crunch point is when normal unleaded hits 87.9/litre everywhere as this is £4 a gallon.
Andy
There is VAT on petrol. So as the cost goes up the chancellor takes more in VAT.
If you're paying £1/litre then 14.9p of that is VAT.
Only 85.1p goes to the cost of petrol+duty.
Plus its set to get worse. Anyone remember the 2p/litre increase in duty to start later this year?
Well its coming. I think I worked out that this will net the government an EXTRA £1.4 billion a year.
Where does it all go?????
For me the crunch point is when normal unleaded hits 87.9/litre everywhere as this is £4 a gallon.
Andy
If Petrol costs 60p across europe and up to 90p in Shropshire (80.9p cheapest at morrisons) it is only our taxation - and our chancellor to blame for the biggest chunk of the cost - I feel sorry for the oil companies taking the blame - are they not entitled to make immorally high profits while the motorists suffer???
A few unleaded petrol prices TODAY--pence per litre Greece 54; Ireland 59; Luxemberg 58; Poland 54 our new friends); Spain 56; Switzerland 59; USA 27 (our special friends); Gordon Brown 75 (Tony's friend).
Given that it could be argued that our special friends and Gordon Brown's friend are responsible for the terrorism in the middle east why dont we get Tony to do a deal so we can buy some fuel from America.
As an island floating in oil our fuel should almost be free, and I know it is said it is the wrong kind of oil to make petrol it surely has an equivalent value and when we sell it we should still be VERY rich
Given that it could be argued that our special friends and Gordon Brown's friend are responsible for the terrorism in the middle east why dont we get Tony to do a deal so we can buy some fuel from America.
As an island floating in oil our fuel should almost be free, and I know it is said it is the wrong kind of oil to make petrol it surely has an equivalent value and when we sell it we should still be VERY rich
kamal996 said:
I think that petrol stations should start putting "EX TAX" prices next to full prices on their pricing boards and receipts to show just how much tax is paid
Yeah good idea actually!
Over here 2/3 of the petrol price is TAX. So if the Petrol price is raising by 5 Cent it is 15 Cent we have to pay.
And they just raised the petrol Taxed by the end of last year ... this bastards must swim in money by now.
It shouldn't be that hard for the goverments to lower taxes ... they still would make more money then a year ago and the price would stay relatively constant. But no, they blame the oil company's.
Hi All....
Bit of a lurker, but I thought I'd stick my almost certainly unpopular views on petrol tax here.
Most other countries mentioned on previous posts don't have the same congestion problem that we have in the UK. The original idea to increase tax on petrol in the UK was to combat congestion and help push people towards public transport ( which would then make more money, and become viable ).
Most peoples petrol consumption comes from their daily commute ( which is about the same time that congestion gets really bad ), again, it was hoped that high transport cost would entice people to work closer to home - again reducing congestion.
I pesonally used to commute 40 miles to work ( now reduced to 9 ) and most people I know travel at least 20-30 miles.
The upshot of my rant is thus....
We complain at high fuel costs, yet complain about public transport... one is to the detriment of the other... low fuel cost = people in cars not trains and vice versa.
We would complain if the government cut School/NHS funding to finance petrol tax cuts.
We complain that road congestion is bad - yet have no solution other then to tax motorists.
We complain if they build new roads ( especially anywhere near where we live )
Rock and a hard place mean anything.....
I love driving - and would love it even more if the roads were empty, if I had a viable public transport to get to work, if all my could to be enjoyed flying around country roads rather then on a motorway, if I had more time to mess with the car cos I got home from work quicker etc.
The governmet gets my support on this one folks. We need to get people off the roads, if I had critisism it is that the alternative is not there yet
Bit of a lurker, but I thought I'd stick my almost certainly unpopular views on petrol tax here.
Most other countries mentioned on previous posts don't have the same congestion problem that we have in the UK. The original idea to increase tax on petrol in the UK was to combat congestion and help push people towards public transport ( which would then make more money, and become viable ).
Most peoples petrol consumption comes from their daily commute ( which is about the same time that congestion gets really bad ), again, it was hoped that high transport cost would entice people to work closer to home - again reducing congestion.
I pesonally used to commute 40 miles to work ( now reduced to 9 ) and most people I know travel at least 20-30 miles.
The upshot of my rant is thus....
We complain at high fuel costs, yet complain about public transport... one is to the detriment of the other... low fuel cost = people in cars not trains and vice versa.
We would complain if the government cut School/NHS funding to finance petrol tax cuts.
We complain that road congestion is bad - yet have no solution other then to tax motorists.
We complain if they build new roads ( especially anywhere near where we live )
Rock and a hard place mean anything.....
I love driving - and would love it even more if the roads were empty, if I had a viable public transport to get to work, if all my could to be enjoyed flying around country roads rather then on a motorway, if I had more time to mess with the car cos I got home from work quicker etc.
The governmet gets my support on this one folks. We need to get people off the roads, if I had critisism it is that the alternative is not there yet
If only it were that easy...
Entice people to work closer to home!!! You have to travel where the work is, or the clients.
The real world is not like that. I have had 5 jobs in 10 years.... All within 30 miles of Reading... (many people HAVE to be much more mobile.
Should I commute - No public transport would take at least 2-3 times a as long to get there, if indeed it served those location (one business park - only 2-3 miles from slough one bus a DAY).
Shouild I move house - Oh NO the government will tax me to death everytime I decide to move house (stamp DUty - why should you be taxed to mmove house anyway))
If the government showed any real competance, or real interest in sorting out public transport - I might be inclined to agree with some points...
BUT they are useless and waste billions..
So I prefer the independance of my car.
Plus it is all very well promoting cycling walking, etc.
Lots of people have children, shopping - every tried this combination on public transport. Plus the attitude of staff to children/pushchairs is shocking.
B
>> Edited by bjwoods on Thursday 3rd June 11:44
Entice people to work closer to home!!! You have to travel where the work is, or the clients.
The real world is not like that. I have had 5 jobs in 10 years.... All within 30 miles of Reading... (many people HAVE to be much more mobile.
Should I commute - No public transport would take at least 2-3 times a as long to get there, if indeed it served those location (one business park - only 2-3 miles from slough one bus a DAY).
Shouild I move house - Oh NO the government will tax me to death everytime I decide to move house (stamp DUty - why should you be taxed to mmove house anyway))
If the government showed any real competance, or real interest in sorting out public transport - I might be inclined to agree with some points...
BUT they are useless and waste billions..
So I prefer the independance of my car.
Plus it is all very well promoting cycling walking, etc.
Lots of people have children, shopping - every tried this combination on public transport. Plus the attitude of staff to children/pushchairs is shocking.
B
>> Edited by bjwoods on Thursday 3rd June 11:44
Tom, I complain about public transport not because it is slow, overpriced, unreliable, dangerous and dirty, but because it takes me from somewhere I can't get to, to somewhere I don't really want to be.
It's the fundamental problem with public tranport in rural areas, or in fact anywhere outside a very large metropolis. There have to be set routes and pickup/dropoff points which people have to find alternative transport to get to. Fine if you're in London because you can easily walk to the nearest bus stop or tube station, but walking 5 miles to Cambridge train station is not really viable.
It's the fundamental problem with public tranport in rural areas, or in fact anywhere outside a very large metropolis. There have to be set routes and pickup/dropoff points which people have to find alternative transport to get to. Fine if you're in London because you can easily walk to the nearest bus stop or tube station, but walking 5 miles to Cambridge train station is not really viable.
tom_burnley said:
.......if I had critisism it is that the alternative is not there yet
Like I said, there is no alternative.
"one business park - only 2-3 miles from slough one bus a DAY .... ...."
given demand - I'm sure there'd be more buses. Chicken and Egg. I used to work in Reading too - the buisness parks there are well served - I got the bus from the station to Green Park everyday.
stamp DUty - agree with that one.
Bonce has a very good point though. Rural areas arent well served by public transport too well, the only other option would be a congestion charge on congested area's......... would make Reading a nightmare.
If the government spent the money it gets from the motorist on transport then we might get somewhere.. Tom, your hypothesis relies on re-investment of revenue raised and it just doesn't happen.
As it is, the excuse of "forcing people on to public transport" by raising prices is a neat trick, because as long as there is no investment in the public transport network, we keep paying the tax on fuel and the increased prices as there is no viable alternative.
Gordons worst nightmare would doubtless be a perfect public transport system and an environment where we hardly used cars, afterall where would he get the money to pay brussels from then..?
Cheers,
Matt
As it is, the excuse of "forcing people on to public transport" by raising prices is a neat trick, because as long as there is no investment in the public transport network, we keep paying the tax on fuel and the increased prices as there is no viable alternative.
Gordons worst nightmare would doubtless be a perfect public transport system and an environment where we hardly used cars, afterall where would he get the money to pay brussels from then..?
Cheers,
Matt
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