Geoffs
regular
Reged: 15/06/2001
Posts: 1774
Loc: Wantage,Oxfordshire
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HMRC Consultation.
17/08/2007 18:13
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Having read the 'You decide the future of red' article in MBM, I've read the HMRC consultaion ducument and responded thus.
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I would suggest that OPTION A would be the most favourable option. Surely this would also give HMRC the chance to introduce a rate of duty that meets European Union requirements without having to charge the full duty as applied to Road Vehicles. HM Government supported and applied for an extension to derogation, so has no desire to charge higher rates of duty, other than that required by EU law. Under this option fuel oil would continue to be marked, minimising mis use in road transport.
Therefore I support option A, but suggest a duty rate that meets EU law, without imposing excessive burdens on the marine industry.
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Old Chinese proverb 'Man who sail boat into rice field, soon get into paddy'
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