Fuel Duty

Shopping on line can be easy, simple and save you lots of money. It can also take a lot of your time, frustrate you, and result in unwanted purchases. Now the same can be said for regular high street shopping, but with the vast opportunity presented by the Internet it will pay you to spend a few minutes reading this and understanding how to better optimize your Fuel Duty shopping experience:

1. Compare - without doubt the biggest advantage that the Fuel Duty offers shoppers today is the ability to compare thousands of Fuel Duty at a time. This is a great thing, but not necessarily all the time! Too much can be daunting at times so take advantage of the great comparison sites and where possible let them do the hard work for you.

2. Research - if it has been said it will be on the internet. Ignorance is no longer a justifiable reason for buying the wrong thing. Take the time to research in detail everything that you could possible want to know about

3. Testimonials - don't know anybody that has bought a Fuel Duty? Wrong! If the Fuel Duty is good the internet will let you know. Use the Internet as a friend and get testimonials before you buy.

4. Questions - Got a question about Fuel Duty then search the Forums, FAQ's, Blogs etc. Don't be afraid to ask .....

5. Reputation - Never heard of the company selling Fuel Duty? Don't worry, no reason why you should know every company in the world, but you know someone that does! Use the internet to find out what people are saying about Fuel Duty and build up a picture of their reputation for sales, returns, customer service, delivery etc.

6. Returns - still worried that even after all of the above your Fuel Duty wont be what you want? Check out the returns policy. There is so much competition now that someone, somewhere is bound to offer the terms that you are comfortable with.

7. Feedback - happy with your Fuel Duty then let people know, after all you are depending on others people input in your buying decision, so why not give a little back.

8. Security - check for the yellow padlock on the Fuel Duty site before you buy, and the s after http:/ /i.e. https:// = a secure site

9. Contact - got a question about Fuel Duty, or want to leave a comment then check out the sites contact page. Reputable companies have them and respond.

10. Payment - ready to pay for your Fuel Duty, then use your credit card or PayPal! Be aware of companies that don't accept them, there may be genuine reasons but given the huge amount of choice you have when buying online there is no reason at all not to buy via credit card or PayPal.

Hydrocarbon oil duty is the name given to the excise duty levied on oils (mainly road vehicle fuels) in the United Kingdom. It is also commonly known as fuel duty and fuel tax.

The current rates payable for the various types of oil are available online.

History 1909 saw the introduction of petrol duty in the UK, with the rate being set at 3old pence (£0.013) per imperial gallon, bringing the price of a typical UK gallon to 1shilling 1½d (£0.056).

In 1919, after several years of steady petrol price rises, petrol duty was abolished and replaced by Vehicle excise duty, and the tax disc based on horsepower. Immediately after the tax was removed petrol was about 4s (£0.20) per UK gallon.

By 1928, after market reductions in the cost of a UK gallon of fuel to about 1s 2½d (£0.06), the Government decided to once again charge duty on fuel, the new rate was 4d (£0.017) per UK gallon - bringing the cost of a UK gallon of petrol to 1s 6¾d (£0.078).

Between 1993 and 1999 the Government's Fuel Price Escalator lead to significant rises in the cost of fuel.

Public transport rebates The Bus Service Operators Grant provides a fuel duty rebate to local bus service operators. As of 2006 the rebate was 81% for ultra low sulphur Diesel, and 100% for Bioethanol, Biodiesel and Liquefied petroleum gas. This rebate was previously known as the Fuel Duty Rebate. Until 1994 the level of the rebate was 100%,, but by 1999 had been reduced to about 67%.

Train operating company do not receive a general fuel duty rebate, though in 2006 the duty on biofuels was reduced from 53p to 8p to encourage the its introduction for train use.

Aircraft fuel is exempt from fuel duty and value added tax (VAT) due to the Convention on International Civil Aviation, which came into effect in 1947.

Rates and receipts From 2007-10-01 the main road fuel (petrol and diesel) duty rate is £0.5035 per litre.{{cite web|title=Hydrocarbon Oils: Duty rates |url=http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPortalWebApp.portal?_nfpb=true&_pageLabel=pageExcise_RatesCodesTools&propertyType=document&id=HMCE_PROD1_027232 |publisher=UK HMRC --> In addition to which Value added tax is added, at the rate of 17.5%, to the total price of the fuel including the added duty.

Fuel duty raised £23.3 Billion for the treasury in 2004-5{{cite web|title=Annual Report 2004-2005 tables and statistics |publisher=UK HMRC |url=http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPortalWebApp.portal?_nfpb=true&_pageLabel=pageExcise_RatesCodesTools&propertyType=document&id=HMCE_PROD1_025157 -->

The government is currently considering a transition to Road Pricing, as at least a partial replacement for fuel duties.

See also

Fuel tax for international comparisons.
UK fuel protests
Road Pricing

References

Petrol Prices 1896 to Present The AA Motoring Trust website
Road Fuel Duties politics.co.uk website

Notes

External links

Hydrocarbon Oils Duty Rates UK HM Revenue & Customs website

Fuel tax for international comparisons.
UK fuel protests
Road Pricing

References

Petrol Prices 1896 to Present The AA Motoring Trust website
Road Fuel Duties politics.co.uk website

Notes

External links

Hydrocarbon Oils Duty Rates UK HM Revenue & Customs website