I would like to be able to give you much more information but, unfortunately, we
are bound by a non-disclosure agreement that carries a hefty financial penalty.
So I can't even tell you who we are negotiating with.
webmonkeyuk said:the ppl who signed up did you put your post code in, if so did you get any junkmail through your letter box
megakid said:Which is it?
Which is only ~180% tax. They should put it up to fund more speed cameras!blueboy2001 said:Eg. for petrol at 95p a litre you have 47p in fuel duty, 15p in VAT and the acutal cost of the fuel is about 34p.
blueboy2001 said:It's actually both.
Fuel duty is charged at 47.10p per litre, so revenue per litre is fixed regardless of the overall cost of fuel.
On top of that, VAT is charged on the total sale amount at 17.5%, so as fuel prices increase VAT revenue increases as well.
Eg. for petrol at 95p a litre you have 47p in fuel duty, 15p in VAT and the acutal cost of the fuel is about 34p.