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Outdoor & Recreation
Campers, Vans & 4WD's
ARB Compressor Issues,
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<blockquote data-quote="Ridge Runner" data-source="post: 614434" data-attributes="member: 3775"><p>EDIT for Above Post.</p><p></p><p>Yesterday I went for a long drive and Diesel at the Motorway Services was 1.57p per litre or $2.9202c per litre and in Town it was 1.41p or $2.6226c.</p><p></p><p>Based on the price at 1.41p per litre, </p><p></p><p>Cost of Fuel = 0.5485p + Fuel Duty = 0.5795p 0.282p 1.128p = 20% VAT = 1.41p per litre Which means we pay around 61.099% in Tax per litre.</p><p></p><p>Although it is claimed that fuel duty is 0.5795p which equals 41.099% the VAT is added after the fuel duty goes on so it can't be 41.099% and becomes 61.099% of the overall cost.</p></blockquote><p></p>
[QUOTE="Ridge Runner, post: 614434, member: 3775"] EDIT for Above Post. Yesterday I went for a long drive and Diesel at the Motorway Services was 1.57p per litre or $2.9202c per litre and in Town it was 1.41p or $2.6226c. Based on the price at 1.41p per litre, Cost of Fuel = 0.5485p + Fuel Duty = 0.5795p 0.282p 1.128p = 20% VAT = 1.41p per litre Which means we pay around 61.099% in Tax per litre. Although it is claimed that fuel duty is 0.5795p which equals 41.099% the VAT is added after the fuel duty goes on so it can't be 41.099% and becomes 61.099% of the overall cost. [/QUOTE]
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