no increase in fuel duty

superstylin

not sure if this is old news or not, but i received an email from a number10 petitions site to say a response from the government has been given to a petition for lower fuel duty. see link

http://www.number10.gov.uk/Page17393

I was getting hopeful for a moment thinking it would be part of the tax decreases that the government are apparently considering, but no it's just a freeze on duty. still better than a raise i suppose!

anewman

Should be a decrease if anything. Nearly 75% of the cost of petrol is tax.

superstylin

Apparently we should be thankful that it's not like this:

main road fuel duty rates have remained frozen at 50.35 pence per litre since October 2007. Duty rates for alternative road fuels and rebated oils have also been frozen.

Successive decisions by the Government not to increase fuel duty mean that it is now 17 per cent lower in real terms than in 1999. Had the fuel duty rate increased in line with inflation since then, it would now be 61 pence per litre. Had it increased in line with the previous 3% escalator (which was abolished by the Government in 1999), it would now be almost 79 pence per litre.


do we feel grateful?....not likely!