Well, well...!!: Motoring Motoring Discussion forum

Motoring Discussion > Well, well...!!	Miscellaneous
Thread Author: Stuartli	Replies: 12

View Threaded

Thu 14 May 15 01:03

Well, well...!! - Stuartli

Good or bad from the Chancellor's point of view?

tinyurl.com/o5bg5hw

Fuel for thought.

Reply to this message | Report message

Thu 14 May 15 06:46

Well, well...!! - swiss tony

>> Good or bad from the Chancellor's point of view?
>>
>> tinyurl.com/o5bg5hw
>>
>> Fuel for thought.
>>

Good in his eyes.
If the base price goes/stays down, he can more easily raise the tax on it..

Reply to this message | Report message

Thu 14 May 15 08:00

Well, well...!! - Cliff Pope

It would be a good moment to abolish road tax entirely and shift it on to fuel duty.

Just retain a basic register of car ownership, and then most of DVLA could be scrapped too.

Reply to this message | Report message

Thu 14 May 15 15:38

Well, well...!! - maltrap

I think road tax should be split into 2 parts.
Part 1 should be based on the physical size of the vehicle, the more road you occupy the more tax you pay.
Part two should be on fuel.
Whilst i'm at it why not tax caravans and trailers !

Reply to this message | Report message

Thu 14 May 15 18:35

Well, well...!! - mikeyb

>> It would be a good moment to abolish road tax entirely and shift it on
>> to fuel duty.

Not for those of us with zero rated cars!

Reply to this message | Report message

Thu 14 May 15 19:09

Well, well...!! - Old Navy

>> >> It would be a good moment to abolish road tax entirely and shift it
>> on
>> >> to fuel duty.
>>
>> Not for those of us with zero rated cars!
>>

Don't expect that to last.

www.fleetnews.co.uk/news/2012/6/11/treasury-considers-ved-reform-to-plug-tax-shortfall/43749/

Last edited by: Old Navy on Thu 14 May 15 at 19:11

Reply to this message | Report message

Thu 14 May 15 19:18

Well, well...!! - Slidingpillar

An article nearly three years old...

Reply to this message | Report message

Thu 14 May 15 19:25

Well, well...!! - CGNorwich

ON has been submerged for three years

Reply to this message | Report message

Thu 14 May 15 19:33

Well, well...!! - Old Navy

I missed the Edit and gave up.

I was going to add "I know it is old news but the seed has been sown and it has been mentioned in Auto Express recently.

See my earlier post.

www.car4play.com/forum/post/index.htm?t=19701&m=435008&v=e

Keep up chaps.

Last edited by: Old Navy on Thu 14 May 15 at 19:36

Reply to this message | Report message

Thu 14 May 15 09:37

Well, well...!! - WillDeBeest

Good in his eyes.

Really? Revenue from fuel duty has been pretty constant at around Â£27bn since 2010-11. But falling oil prices mean less Petroleum Revenue Tax (down by half to barely Â£1bn in the same period), less VAT on fuel sales, and less Corporation Tax as oil production becomes less profitable.

So it may be less a case of wanting to raise fuel duty than of having to.

Reply to this message | Report message

Tue 19 May 15 11:16

Well, well...!! - DP

The Chancellor knows the market will stand Â£1.20-Â£1.30 a litre fuel prices, so he would be daft not to take advantage of any price drop to raise duty. With the backdrop of challenging public finances, and the recent duty freezes, it would seem to be a pretty low risk way of making a few extra quid.

Reply to this message | Report message

Tue 19 May 15 11:48

Well, well...!! - Bromptonaut

>> Good or bad from the Chancellor's point of view?
>>
>> tinyurl.com/o5bg5hw
>>
>> Fuel for thought.

Not read the detail in that article but prices here are around 5p/litre above the late winter low.

Reply to this message | Report message

Fri 22 May 15 08:47

Well, well...!! - KateBennet

>> Good or bad from the Chancellor's point of view?
>> Fuel for thought.
>>

To his mind good I think, but I don't understand such things.

Reply to this message | Report message

Forum Version 3.0 - By Khoosys