Karen
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Re:Support the Tuckers - 28/05/08 11:22
GordonBrown wrote:
Trucker Dave I think the issue is $130+ per barrell of oil. Considering this is global, what do the truckers expect the government to do?
I guess that is why truckers are truckers.
Should we also think of switching our rail infrastructure to solely electric, as diesel will become far less economical.
I dont think the issue is $130+ per barrel of oil the issue the tax on it.
The official Duty Rate is £0.5035 per Litre with VAT of 17.5% added to the cost of product and duty. Soo tax is nearer 68%.
Cost of Petrol at £1.15 would breakdown as follows:
50.35p Duty, Product 37.35p, VAT 17.13p Retailer/Delivery 10.17p
Cost of Diesel at £1.27.9p Duty 50.35p, Product 45.98p, VAT 19.05p Retailer/delivery 12.52p.
Where does all this tax go I hear you say?
MP's second homes, expenses and taxi's for their spouses shopping trips!
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