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UK Petrol Prices
Newest Review: ... costs. I have to admit I am finding it hard to afford petrol but its something I cant go without sadly. The thing that is a really worry... more |
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Cut the Tax (UK Petrol Prices)
Advantages: Cheaper Petrol Disadvantages: Cut back on Government spending
The cost of petrol is not the only bone of contention its also the tax which we have to pay on the money, with which we pay for petrol, I worked it out that, my little Peugeot, which I've had for about 8 years, the first time I filled it up cost me £27, last week it cost me over £44.00 which I have had to pay tax on @ 20 pence in the pound on my wages (as from the last Budget) which equals £44.00+ £8.88 = £52 .80. We then pay tax to the government on the £44 (part of which has already been taxed) according to northern Alex who is a member of Dooyoo, 2/3rds of the £44 is tax therefore that is £29.33 (tax on petrol+ tax paid on the £44) £8.80 which comes to £38.13 this is what the government takes off every driver spending £44 on petrol and I feel this is unacceptable. This is the same for all fuels Gas, Electric, as you know these prices have rocketed, the government have not done anything to stop this, they are quite happy to take the 5% tax on the millions of pounds we spend keeping ourselves warm. These are a few of the things (including beer and cigarettes) that gets hammered every budget day with extra tax then they sit back, then every time the item increases in price the tax automatically increases again. Summary: Fuel must be one of the highest taxed products in the world |
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