fuel how the government can help

accyman · 26-06-2008, 23:26

i dont know if this idea has been suggested already but i was listening to talk sport and the presenter came up with quite a good idea on how to cut fuel prices

basicly the govenment could cut the tax on fuel and not be hit in the pocket

what they could do is only collect tax on the first 84p per liter and for go the tax on the remaining difference between 84p and the current £1.30 which should bring as an estimated guess fuel back to under £1.00 per litre

no wonder gordon brown isnt doing anything to cut fuel prices when he is getting almost double the tax he was 6 months ago from it

so come on mr pope how about putting this idea forward for us ?

infact for go all the extra tax on fuel so that gas and electricity companies wont have to charge as much either

Margaret Pilkington · 27-06-2008, 06:30

Gordon Brown is getting a huge windfall tax, not only on petrol, but also on gas and electricty prices, which sadly are linked to the price of oil......all this cash coming out of our pockets for doing nothing.

And everything in this country of ours has to be transported so prices of commodities go up still further. We are all going to hell in a handbasket...still I guess we are better off than the poor folk in Zimbabwe.

Mancie · 27-06-2008, 06:40

So..if Gordon Brown is getting a huge windfall tax were is it going?.in his pocket?..you silly girl you..

Mick · 27-06-2008, 06:46

I used to work at a garage in Preston a long time ago i must admit it was in the days of the "green shield stamps" but we once worked it out that if you took all the tax and company profit off and everything else we could sell petrol at 24p a gallon yes Gallon not liter

derekgas · 27-06-2008, 06:53

Green shield stamps mick? Showing yer age now, I have been told that petrol stations not owned by the big boys make around a penny a litre, and that is why they all have shops, to make the money through them.

steve · 27-06-2008, 07:02

They still wont all they can get & more

Mick · 27-06-2008, 07:04

That's quit possible
we once got a tanker delivery and i was on my own, so i shut the pumps off and went to dip the tanks on the tanker after this i told the driver where to drop the petrol IE premium tank's Super and regular he started off OK but the tanks in the ground held 6000 gals premium 15000gals reg and 2000 super the driver got it wrong and tried to put 4000 in the 2000 gal tank

i caught him just in time but we lost about 30 gals through the breather pipes at the side of the garage where a little old man was standing with a bucket catching the vented fuel

we had to call the fire service to clean up but at least one old man got about 5 gallons free

but no stamps

entwisi · 27-06-2008, 07:23

Accyman the 'idea' doesn't make sense? Care to retype it so we knwo what is being suggested?

andrewb · 27-06-2008, 07:24

Quote:

Originally Posted by Mancie

So..if Gordon Brown is getting a huge windfall tax were is it going?.in his pocket?..you silly girl you..

Well it certainly doesn't appear to have been spent on our services, or even put aside for a rainy day.

As for the idea, I agree with Entwisi

derekgas · 27-06-2008, 07:35

Is it that the fuel cost has risen, and therefore the tax has risen, so GB could cut the tax and still have as much in the kitty from fuel as he had last year, therefore losing no revenue?

Margaret Pilkington · 27-06-2008, 07:53

Quote:

Originally Posted by Mancie

So..if Gordon Brown is getting a huge windfall tax were is it going?.in his pocket?..you silly girl you..

Well, of course I didn't mean Gordon Brown personally but the government, of course led by Gordon Brown...more than enough to offset a tax reduction, thereby easing some of the financial pressures on us.....the hoi polloi......Oh and by the way, silly I may be, but girl....I am definitely not. And I can see through this duplicitous government.

Margaret Pilkington · 27-06-2008, 07:55

Quote:

Originally Posted by derekgas

Is it that the fuel cost has risen, and therefore the tax has risen, so GB could cut the tax and still have as much in the kitty from fuel as he had last year, therefore losing no revenue?

Spot on ...give that man a coconut!

Neil · 27-06-2008, 08:37

Quote:

Originally Posted by entwisi

Accyman the 'idea' doesn't make sense? Care to retype it so we knwo what is being suggested?

It made sense to me. Is it a good idea? not sure really.

It would be like saying they will take 50p in tax per litre no matter what the price of a litre is.

entwisi · 27-06-2008, 08:49

that is a fine idea, what accyman typed didn't say that. in fact it didn't say anything

Greg Pope · 27-06-2008, 08:59

There may well be a good case for reducing fuel duty at the moment but we should consider the facts before the myths become accepted as fact. Fuel duty is not a proportion of the price of a litre of fuel, it is a flat rate so the government does not get extra income from rising prices; in fact it gets less income as people use less fuel as prices go up. Similarly, talk of VAT windfalls are greatly exaggerated: people broadly have fixed spending power so if they are spending more on fuel they are spending less on other things; when VAT income from fuel rises VAT from other goods tends to fall. Also, businesses (including hauliers) can reclaim the VAT spent on fuel.

Rising fuel prices are not a British phenomenon but are being caused by demand (particularly from China and India) outstripping supply. For the record, UK petrol prices are now slightly lower than those in France and Germany.

Personally, I think that there is a case for scrapping the fuel duty escalator or, at the very least, putting off the planned increases in the autumn. I'm also opposed to the proposed VED changes and I met with the Chancellor only last week to discuss both these issues.