Fuel Escalator

[Apache]

The fuel duty stabiliser I meant, sorry, where is that then? is this talk of bumping up the VAT again, will we or won't we just a distraction?

Edited by Apache on Tuesday 15th November 12:52

[scenario8]

Pardon?

[Kudos]

Apache said:

The fuel escalator, where is that then? is this talk of bumping up the VAT again, will we or won't we just a distraction?

You been sniffing the fumes?

[jbi]

fuel escalator has already been been scrapped...

they are also thinking about dropping the 3p that petrol will go up in January when VAT is raised to 20%

[scenario8]

Is VAT not already 20% then? News to me.

[Fittster]

jbi said:

fuel escalator has already been been scrapped...

they are also thinking about dropping the 3p that petrol will go up in January when VAT is raised to 20%

Where is the evidence that the Government isn't going ahead with this measure?

[jbi]

Fittster said:

jbi said:

fuel escalator has already been been scrapped...

they are also thinking about dropping the 3p that petrol will go up in January when VAT is raised to 20%

Where is the evidence that the Government isn't going ahead with this measure?

http://www.bbc.co.uk/news/uk-politics-15730087

Edited by jbi on Tuesday 15th November 13:29

[EDLT]

jbi said:

http://www.bbc.co.uk/news/uk-politics-15730087

Edited by jbi on Tuesday 15th November 13:29

From the comments:

"My job was moved to a base 15 miles away, i had no say in this. There is a bus every 2 hours, so it's not an option to use this, and anyway I sometimes need to go and visit clients in an emergency, so I need a car at work, and one isn't provided. My wage hasn't gone up in 3 years. I live in the country. Would the muesli-knitting brigade care to tell me how to manage?"

Must be a PHer.

I quite like muesli

[scenario8]

jbi said:

Fittster said:

jbi said:

fuel escalator has already been been scrapped...

they are also thinking about dropping the 3p that petrol will go up in January when VAT is raised to 20%

Where is the evidence that the Government isn't going ahead with this measure?

http://www.bbc.co.uk/news/uk-politics-15730087

Edited by jbi on Tuesday 15th November 13:29

That's just evidence that the government may receive pressure to scrap plans to increase duty by a planned 3p per litre.

Let's hope it comes to something.

[Fittster]

jbi said:

Fittster said:

jbi said:

fuel escalator has already been been scrapped...

they are also thinking about dropping the 3p that petrol will go up in January when VAT is raised to 20%

Where is the evidence that the Government isn't going ahead with this measure?

http://www.bbc.co.uk/news/uk-politics-15730087

Edited by jbi on Tuesday 15th November 13:29

So we are going to see the plan to increase the tax drop roughly when we have a referendum on European membership then?

[AshVX220]

Don't worry, if the government drop the planned increase, the petrol stations will add it on anyway.

Fuel prices haven't reflected the price of oil for at least 3 years or so. As long as people pay it, they will charge it.

[jbi]

AshVX220 said:

Fuel prices haven't reflected the price of oil for at least 3 years or so.

this is due to continual tax rises

AshVX220 said:

Don't worry, if the government drop the planned increase, the petrol stations will add it on anyway.

The petrol stations make bugger all from the sale of petrol as these graphs demonstrate

Edited by jbi on Tuesday 15th November 14:00

[SpeedMattersNot]

Is Duty a percentage, or a fixed rate?

Can't beleive diesel is that expensive per unit either...I was under the impression it took barely any effort to refine, compared with petrol?

[crankedup]

Every fuel has increased in price in recent years, even bottled propane gas which has doubled in price during the past seven years. And this fuel is a by-product of production!

[Oakey]

SpeedMattersNot said:

Is Duty a percentage, or a fixed rate?

Can't beleive diesel is that expensive per unit either...I was under the impression it took barely any effort to refine, compared with petrol?

petrol is a by-product of diesel iirc

[odyssey2200]

Piss take is that they charge you VAT on the Duty too.

[Busa_Rush]

Oakey said:

petrol is a by-product of diesel iirc

Petrol takes more refining so should be more expensive.

[nelly1]

It's not what it's worth.

It's what people will, and do pay.

That's supply and demand - if it's in demand (in this case, it's always in demand!), you can charge tax what you like.

If you overdo it and charge tax too much, demand drops and you lower your price tax for a bit.

Then you creep it back up until what was 'expensive' a year or so ago becomes 'cheap'.

Sheeple have short memories.

[ZeeTacoe]

Busa_Rush said:

Oakey said:

petrol is a by-product of diesel iirc

Petrol takes more refining so should be more expensive.

Not anymore and just think of all that demand as more and more people choose a deseasel for it's economy despite them only doing a few miles a week

[Tunku]

Oakey said:

SpeedMattersNot said:

Is Duty a percentage, or a fixed rate?

Can't beleive diesel is that expensive per unit either...I was under the impression it took barely any effort to refine, compared with petrol?

petrol is a by-product of diesel iirc

Other way around - there was a time when no-one quite knew what to do will all the diesel.