While UK petrol prices have virtually doubled in the past 10 years, the level of fuel duty has remained fairly constant, even falling as a proportion of the overall cost.

This appears to support one of the government’s main arguments during the 2000 fuel protests, that oil costs rather than tax were responsible for price rises.

Since the driver protests of 2000, the Treasury has on occasion delayed implementing fuel-tax increases at sensitive times.

10 years ago 73% of the cost at the pumbps was tax. Now it's 67%

Feel free to explain how,

If  fuel costs are only 27% to 33% of the total costs (and I think you'll find that they are even less than that!):

They can have been responsible for a virtual doubling of the overall costs?

 

 

Fuel tax freeze to offset price rises caused by Katrina
By Philip Webster' Political Editor



GORDON BROWN is expected to freeze fuel duty again to help motorists and companies hit by soaring petrol and diesel prices after Hurricane Katrina.
The Chancellor is calling for concerted international action to bring oil prices down to “sustainable” levels given the growing risk to world economic growth and the damaging impact on households and business globally.



He will step up his calls at meetings of the International Monetary Fund and the World Bank for oil-producing countries to be more open about their future oil stocks and production levels to reduce price speculation. He will also urge them to allow more inward investment from drilling companies to maximise production and maintain the market’s competitiveness.

Mr Brown deferred an annual inflationary 1.22p per litre rise in petrol due in the Budget next spring for six months. He is expected to confirm in the Pre-Budget Report this autumn that the freeze is to be extended for another six months, meaning that the duty will have been frozen for two years at a cost to the Treasury of £1.2 billion.

Mr Brown’s move is expected by ministers to head off the threat of renewed action by fuel protesters, who brought the country to a standstill in 2000. Pump prices have risen by up to 20p a litre since January, with demand in China and America outstripping supply. Hurricane Katrina, which has put refineries in the southern US states out of action, has worsened the situation.

Officials point out that duties on the main types of petrol and diesel are lower now in cash terms (47.1p per litre) than they were in 1999 (47.21p per litre).

They also emphasise that since 1997, road tax has been cut for more than half the cars on the road, and that Britain has some of the lowest rates of road tax for haulage vehicles in Europe.

The fuel duty escalator under which fuel duty rose each year was introduced in March 1993 by the Conservative Government. In 3½ years to November 1996, duty on petrol rose by 13.4p per litre — an average of almost 4p per year. Since then, duty on the main type of petrol has increased by 10.2p per litre — an average of 1.3p per year.

The Treasury declined to confirm Mr Brown’s expected move: “At this time, our biggest priority in terms of reducing fuel costs must be working with the American Government to restore output levels affected by the Hurricane Katrina disaster, and maintaining pressure on Opec to ensure that oil production is consistent with more stable and sustainable prices.”

The first deferral of the rise cost £235 million. If it does not go ahead at all this financial year, it will cost the Exchequer another £285 million.

Fuel tax freeze to offset price rises caused by Katrina

You mean fuel tax wheeze!



GORDON BROWN is expected to freeze fuel duty again to help motorists....

...................Mr Brown deferred an annual inflationary 1.22p per litre rise in petrol due in the Budget next spring for six months.

He knows that, with some people already paying over £1 a litre, to push up prices more would not be acceptable.

 

He is expected to confirm in the Pre-Budget Report this autumn that the freeze is to be extended for another six months, meaning that the duty will have been frozen for two years at a cost to the Treasury of £1.2 billion.

And the other reason he won't push his luck by pushing up prices more is that he's already making £Billions extra from his cut of the existing rises (on North Sea oil production and VAT)!

Mr Brown’s move is expected by ministers to head off the threat of renewed action by fuel protesters, who brought the country to a standstill in 2000.

QED

 

Pump prices have risen by up to 20p a litre since January, with demand in China and America outstripping supply. Hurricane Katrina, which has put refineries in the southern US states out of action, has worsened the situation.

QED

Officials point out that duties on the main types of petrol and diesel are lower now in cash terms (47.1p per litre) than they were in 1999 (47.21p per litre).

Whose officials?

Oh, that would be Crown's then!

Wow!

Duties are 0.11p, around a ninth of a PENNY, lower than before the hike that sparked the Fuel Protests!

But don't forget that that Ol' Gordy also gets his cut of North Sea Oil Licenses and taxes, Corportation and Income and National Insurance (and Road and Fuel Taxes) on all stages of the production, processing, distribution and retailing of oil products.

And then VAT on the products.

And VAT on the DUTY !!!

They also emphasise that since 1997, road tax has been cut for more than half the cars on the road

And for the other half?

 

and that Britain has some of the lowest rates of road tax for haulage vehicles in Europe.

Too little.

Too late!

The fuel duty escalator under which fuel duty rose each year was introduced in March 1993 by the Conservative Government. In 3½ years to November 1996, duty on petrol rose by 13.4p per litre — an average of almost 4p per year.

That was supposed to bring us up to EU levels without too much of shock.

 

Since then, duty on the main type of petrol has increased by 10.2p per litre — an average of 1.3p per year.

Firstly, that's an average, with none since he saw the hornet's nest he was stirring up.

Secondly that's since we reached, and exceeded, EU levels.

The Treasury declined to confirm Mr Brown’s expected move: “At this time, our biggest priority in terms of reducing fuel costs must be working with the American Government to restore output levels affected by the Hurricane Katrina disaster, and maintaining pressure on Opec to ensure that oil production is consistent with more stable and sustainable prices.”

The first deferral of the rise cost £235 million. If it does not go ahead at all this financial year, it will cost the Exchequer another £285 million.

As I said:

They're already making £Billions extra without increasing duty!

 

Oh well once oil prices start falling the chancellor can increase revenue without pushing the price ovet £1 per litre.....for the time being. That's some good news.

Which bit of:

some people already paying over £1 a litre                            

Are you struggling with?

 

?tluciffid os dnuof uoy taht senil ruof naht erom gnidaer tsuj ti saw rO

 

 

That's even better!

That means the world oil prices pushed it over that barrier, so the chancellor can push it further without being known as the "man who gave us petrol at over £1 per litre"

Go for it Gordon!!!!!

Until they realise that 99% of what they are forking out is going into Gordon's forking pocket.

 

99% who ever forcast that?

Forecast?

 

What are you drivelling on about now?

 

 

Where do you get your 99% figure from then Bogush?

Try reading my posts.

 

Until they realise that 99% of what they are forking out is going into Gordon's forking pocket

Done - Where do you get the 99% from?

But don't forget that that Ol' Gordy also gets his cut of North Sea Oil Licenses and taxes, Corportation and Income and National Insurance (and Road and Fuel Taxes) on all stages of the production, processing, distribution and retailing of oil products.

And then VAT on the products.

And VAT on the DUTY !!!

 

Feel free to do a full rigorous analysis and prove just how many percent I was out!

 

Try reading my posts on the subject and you'll find you're a long way out.

Once you lose the argument you start making up your own figures to prove the point you can't otherwise prove.

Read your posts?

The nearest you come to "presenting" any "proof" is a claim that:

10 years ago 73% of the cost at the pumbps was tax. Now it's 67%.

 

Ermmmmmmmmmmmmmmm

47.1p Duty

+ 8.2p VAT ON DUTY

-----------------------------------------

= 55.3p Duty and Vat on Duty

=======================

 

90p per litre retail cost of fuel

- 55.3p Duty and Vat on Duty

------------------------------------------

= 34.7p remaining if 90p per litre

=======================

 

= 1.175 "product cost" and VAT on "product cost"

Therefore 30p "product cost"

= 33% of 90p

"Making" VAT on "product cost", Duty and Vat on Duty = 67%

 

 

But, as I've already asked (three times in various threads?):

What about:

But don't forget that that Ol' Gordy also gets his cut of North Sea Oil Licenses and taxes, Corportation and Income and National Insurance (and Road and Fuel Taxes) on all stages of the production, processing, distribution and retailing of oil products.

 

 

To put this in perspective:

You quote:

The first deferral of the rise cost £235 million. If it does not go ahead at all this financial year, it will cost the Exchequer another £285 million.

Whereas Gordy is on target to receive a minimum of £10 Billion in just North Sea revenues alone this year!

Do try to get your act together.

This is like shooting ducks in a barrel!