Nickcf
(regular)
01/03/2008 13:17
Re: Red diesel decision is in: full rate at pump from November

Also assume VAT will increase from 5% to 17.5%? This will mean a marina price of between £1.20 and £1.30 per litre. This will be a killer for the leisure boating industry.

What a bunch of tossers this gov is..... They originally said they couldn't just apply the minimum rate of duty required (about 20p per litre under EU rules) as they couldn't have two rates of tax for the same fuel (ie white diesel). Haven't they just done precisely that with red?



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