On Tue, Aug 7, 2012 at 5:53 AM, andy pugh <[email protected]> wrote:
> 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

Pardon me, but HOLY CRAP!  VAT, fuel duty and a sales tax?  That's just crazy.

Mark

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