| Re: Lower Fuel Prices Petition
Signed it.
From 101.10.2007 the fuel (petrol and diesel) duty rate in the UK is £0.5035 per litre. VAT, currently at 17.5%, is also charged on the price of the fuel and on the duty. At a pump price of 128.8p/litre, this would put the combined tax at 69.53p/litre. Thus without tax, the retail price would be 59.26p per litre, making a combined tax rate of 117%
- How the f**k we can be taxed on taxes is way beyond me,- So f**k 'em.
|