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Thread: Fuel Duty up again....

  1. #1
    radix lecti dave87's Avatar
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    Fuel Duty up again....

    Bearer of bad news I'm afraid. Even with the economy in turmoil, those in No10 have decided the fuel taxes will go back up on April 1st.


    Ouch.


    Oh, and the temporary VAT rate is set to end in December too, so back to 17.5%.

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    Seething Cauldron of Hatred TheAnimus's Avatar
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    Re: Fuel Duty up again....

    April Fools?
    throw new ArgumentException (String, String, Exception)

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    Guy
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    Re: Fuel Duty up again....

    Yep another 2p as of next month. *sigh*

    Ive given up getting angry about it, as its turned from a govt into a dictatorship.

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    Seething Cauldron of Hatred TheAnimus's Avatar
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    Re: Fuel Duty up again....

    Rasta compared to the rapidly changing GBPUSD rate, the price we've seen sweet crude light at.

    This is little effect.

    As much as i hate these muppets, and wish we had a nice Thatcher, this isn't going to be *that* bad
    throw new ArgumentException (String, String, Exception)

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    Does he need a reason? Funkstar's Avatar
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    Re: Fuel Duty up again....

    Quote Originally Posted by dave87 View Post
    Oh, and the temporary VAT rate is set to end in December too, so back to 17.5%.
    Good. this should never have been changed in the first place.

    Means I won't end up with pockets full of coppers when out shopping.

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    radix lecti dave87's Avatar
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    Re: Fuel Duty up again....

    Most stores just rounded up to the next .99 anyway.

    Or, when prices were cut, cut them to .99 prices.


    That said, major purchases are cheaper, which was the aim iirc. Not a supporter of GB, but if a car is 2.13% cheaper due to a VAT change, I'm happy.

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    Senior Member Stringent's Avatar
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    Re: Fuel Duty up again....

    Quote Originally Posted by dave87 View Post
    Oh, and the temporary VAT rate is set to end in December too, so back to 17.5%.
    Wasn't it going to go to 18%?

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    Does he need a reason? Funkstar's Avatar
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    Re: Fuel Duty up again....

    Quote Originally Posted by Stringent View Post
    Wasn't it going to go to 18%?
    Only if you believe an oposition party that will, like any oposition party, jump on the slightest little thing to try and get one more dig at the party in power.

    There was an old draft of a proposal that suggested it, that doesn't make it fact.

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    Guy
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    Re: Fuel Duty up again....

    Quote Originally Posted by TheAnimus View Post
    Rasta compared to the rapidly changing GBPUSD rate, the price we've seen sweet crude light at.

    This is little effect.

    As much as i hate these muppets, and wish we had a nice Thatcher, this isn't going to be *that* bad
    Ok maybe not *that* bad but still an extra £15/£20 a month Il be having to pay for fuel.

  10. #10
    Banhammer in peace PeterB kalniel's Avatar
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    Re: Fuel Duty up again....

    Quote Originally Posted by dave87 View Post
    Bearer of bad news I'm afraid. Even with the economy in turmoil, those in No10 have decided the fuel taxes will go back up on April 1st.
    Is this on top of the previous delay ending, or is it just the end of the postponement of last years rise?

    I think it should go up more to be honest - fuel duty is by far and away the fairest road tax.

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    HEXUS.timelord. Zak33's Avatar
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    Re: Fuel Duty up again....

    Quote Originally Posted by rastamanblues View Post
    Ok maybe not *that* bad but still an extra £15/£20 a month Il be having to pay for fuel.
    me too... and some

    Dont really need a fuel escalator again, but seems like they've invented one.

    Quote Originally Posted by Advice Trinity by Knoxville
    "The second you aren't paying attention to the tool you're using, it will take your fingers from you. It does not know sympathy." |
    "If you don't gaffer it, it will gaffer you" | "Belt and braces"

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    Guy
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    Re: Fuel Duty up again....

    Nope, more on fuel, then the new car tax prices are coming into affect as well :@

  13. #13
    radix lecti dave87's Avatar
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    Re: Fuel Duty up again....

    I believe it is the postponed 2p tax rise Kalniel, but I believe this has a knock on effect on VAT, so will be higher than that.

    Must start to drive more economically.

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    Seething Cauldron of Hatred TheAnimus's Avatar
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    Re: Fuel Duty up again....

    Quote Originally Posted by rastamanblues View Post
    Ok maybe not *that* bad but still an extra £15/£20 a month Il be having to pay for fuel.
    Yes but as the US starts buying up its own bills, 1.3T announced, roomers flying of up to 3T?

    The Dollar becomes worth slightly less, will we see a change of more than 2%, whilst i don't trade FX vol so am in no posistion to say, i'd say yes

    As such the government tax hike is going to be minimal to the market price shifts.

    Take a look a the price of "Brent Crude Sweet Light" and see how it has changed in the last 18 months.

    Then look at refinary capacity.

    Its a bit like complaining one person is pissing in the sea, whilst your swiming round a raw sewage outlet pipe. Quit moaning its the least of your worries whilst ur in wales.
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    HEXUS.timelord. Zak33's Avatar
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    Re: Fuel Duty up again....

    Quote Originally Posted by kalniel View Post
    Is this on top of the previous delay ending, or is it just the end of the postponement of last years rise?

    I think it should go up more to be honest - fuel duty is by far and away the fairest road tax.
    yeah... if you didn't have to pay RFL as well, I'd agree.

    Quote Originally Posted by Advice Trinity by Knoxville
    "The second you aren't paying attention to the tool you're using, it will take your fingers from you. It does not know sympathy." |
    "If you don't gaffer it, it will gaffer you" | "Belt and braces"

  16. #16
    radix lecti dave87's Avatar
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    Re: Fuel Duty up again....

    http://pistonheads.com/news/default.asp?storyId=19551

    AA is taking up the fight of the motorist, though not sure how successful they will be...

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