On 7 August 2012 10:25, Mark Wendt <[email protected]> wrote:

> Yup.  Nuckin' futs, isn't it?  And it's a heck of a lot worse in
> Europe, tax wise per liter.

A litre of petrol in the UK is about £1.35.
That includes VAT@20%, so the base price is £1.125
Of that,  £0.5795 is fuel duty. so, the base price is 54p a litre, and
we pay 81p tax on top.

Of course, that is nowhere near the true value of the base material,
considering the production rate.
(I am not referring to the extraction rate)

-- 
atp
If you can't fix it, you don't own it.
http://www.ifixit.com/Manifesto

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