Thursday, October 25, 2012

As a result of discussions between Petrol & Diesel Campaign Group FairFuelUK and Chief Secretary to the Treasury, Danny Alexander, FairFuelUK is to take part in face to face talks at HM Treasury on Monday 29th October 2012 at 4pm to discuss the impact of Fuel Duty on the UK economy.

 

FairFuelUK is widely credited with leading the successful campaigning efforts to see over 9p per litre of Fuel Duty rises over the last 18 months either scrapped or deferred. The meeting takes place ahead of the Government’s planned 3p per litre rise in Fuel Duty now scheduled for 1st Jan 2013. Analysis of ground breaking modelling work undertaken by FairFuelUK on the impact of Fuel Duty on UK growth and the economy will form the centre piece of the discussions.

 

Quentin Willson, national spokesman for FairFuelUK said, ‘This is an enormously positive gesture from The Treasury for FairFuelUK to present their ground-breaking research on the impact raising fuel duty has on the UK economy. The fact that Treasury figures are interested and listening sends an important message to all the business and families out there deeply anxious about the forthcoming 3p rise in January. This sort of open-minded engagement is exactly what this country needs to see.'




• Treasury • FairFuelUK • Fuel Duty • Growth • UK Economy • Quentin Willson • RHA • FTA • Howard Cox • Peter Carroll • Danny Alexander 

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ADD YOUR OWN COMMENTS BELOW THIS POST. THEY ARE VERY WELCOME


[ posted by Berenice Anderson, 25.10.12 09:08 ]

The amount of duty paid on fuel in this country is ridiculous and purely greed on the part of the Treasury as they know we cannot do without it. The people who set this tax do not have the worry of not being able to afford to go to work as we the Tax Payers pay for their fuel. It is time they realised they are harming every industry including tourism as even the Americans don't want to come here anymore.
It is time these Ministers lived in the real world

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[ posted by Kit Jubb, 25.10.12 09:22 ]

You don't have to be an economist to see that Fuel Duty is fuelling inflation. When fuel prices rise, so does inflation because it affects absolutely everything, including consumer spending power. If we spend that much more of our dwindling 'spare' cash on fuel/ travel costs/ food there's that much less to spend on luxuries & even, in some cases, necessities. As a recently retired person I worry about fuel costs, whether it be diesel for my car or electricity & gas for my home.

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[ posted by Edward Orlinski, 25.10.12 10:21 ]

Lower the prices and you will see a boost in the economy, it's as simple s that!

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[ posted by stuart calvert, 25.10.12 10:22 ]

they say we are all in it together . what a laugh they have no idea what some of us have to live on i have seen people
on the tv complaining about the cuts . on £50,000 a year and they say they are below average wage half the
country dont earn £20.000 the most i had was 16ooo

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[ posted by R.bath, 25.10.12 11:10 ]

I think it's absolutely disgusting that on 1 litre of regular unleaded the product is costing 50p - tax on that 1 litre of regular unleaded is.. 80p! paying nearly double the price of the product just in tax!!!
in August, FairfuelUK had the 3p rise defered until jan 2013. - dispite this the fuel prices still went up 3pence anyway and then only a few weeks later, went up more.
It wouldn't be the first time we've filled up with fuel and received no fuel either. (and we aren't the only ones in the town that have had this). "have you filled up and not received any fuel?"

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[ posted by R.bath, 25.10.12 11:11 ]

I think it's absolutely disgusting that on 1 litre of regular unleaded the product is costing 50p - tax on that 1 litre of regular unleaded is.. 80p! paying nearly double the price of the product just in tax!!!
in August, FairfuelUK had the 3p rise defered until jan 2013. - dispite this the fuel prices still went up 3pence anyway and then only a few weeks later, went up more.
It wouldn't be the first time we've filled up with fuel and received no fuel either. (and we aren't the only ones in the town that have had this). "have you filled up and not received any fuel?"

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[ posted by Kenneth Groom, 25.10.12 11:26 ]

It would be a little better if the treasury did not charge vat on the fuel duty it adds to the cost of fuel.
It cannot be ethical to tax a tax that we as consumers have to pay.

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[ posted by R.bath, 25.10.12 11:41 ]

^ well said. Wouldn't be the first time I've been taxed on a tax rebate. Yes taxed on a tax rebate.
Either way it's clear this country is causing the problems other countries are paying as little as 3p per litre! This government will never realize by lowering the prices it will encourage and stimulate economic growth. Maybe all this hard work and common sense from the public is just falling on deaf ears. why should they care? won't affect their pockets so....

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[ posted by Lally Stu, 25.10.12 14:32 ]

Its FALSE ECONOMY!!!!! Are they too thich to see that???!!!!

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[ posted by Michelle watson, 25.10.12 18:15 ]

We want a serious reduction in tax on fuel not a stupor 2 or 3p off. Get the escalator put in place like the government promised. Get the tax from the fuel companies instead of us. They can afford whith the profits they keep announcing.

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[ posted by Dennis Cousins, 25.10.12 22:03 ]

More tax on fuel = less cars on the road.
Less cars on the road = more tax on something else.
More tax on something else = more Public spending cuts.
More Public spending cuts = more people out of work.
More people out of work = more tax for the people in work.
Objective!...If you cut Taxes, you create spending power.
If you create spending power... You make demand for more jobs.
If you have more jobs....there are more people with more money to pay more Taxes and less unemployment.
Do you have to be a Pleb to work this out. Get off your high horses and do the right thing. Make the Economy work for us, instead of against us. Do it soon or your millions will soon be erroded.

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[ posted by John Overington, 28.10.12 15:33 ]

If VAT was not added to the 58P Fuel Duty this would reduce the price of Petrol by 11P/litre.I am told by the Treasury that VAT is applied to Duty because of an agreement to do it this way with our European Partners,why do we always agree with the overpaid idiots in Brussels?Lowering the price fuel would help everyone and get the ecconomy moving again.Most of us are doing less miles so the Treasury coffers are suffering.For every 1P duty it costs us at present 1.2P how can this be fair?

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[ posted by Jim King, 29.10.12 18:03 ]

John, just to answer. "why do we always agree with the overpaid idiots in Brussels?" In short, we don't, that is most of us don't. However the VAT directive is mandatory for all EU members. Most of us don't agree with most of the EU directives, The vat directive, the CAP, and the CFP being the most obvious, but we have never had any sort of choice. Those people over the age of 55 had a bit of a vote on if we should remain in the EEC as it was (this was sold as a trading agreement, actual question asked below for reference) other than that, its governments of different colours that have added and added and handed over these things. In short the politicians agree with them, we generallly don't. so our opinion is forgotten and the politicians sign up anyway. 1975 question - "DO YOU THINK THE UNITED KINGDOM SHOULD STAY IN THE EUROPEAN COMMUNITY (THE COMMON MARKET)?" Yes / No

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