Fuel Duty set to go up
According to the Petrol Price's Blog, fuel duty is set to go up in 2 weeks time. The total amount per pound to go on tax will be 71 pence, despite the Prime Minister Gordon Brown promising to freeze fuel duty, at 69 pence, in July last year. This rise will put 66 pence per pound in the Treasury's pocket which can be spent on anything, NHS, housing, pensions or even bank bailouts. Brown had already broken his promise to freeze fuel duty back in December 2008 when he added 2 pence per litre to fuel duty to offset the reduction of VAT to 15%. This angered hauliers who were able to claim VAT back on fuel but not duty. He is now going to be breaking his promise again on April 1st when he raises duty on petrol and diesel an extra 1.84 pence per litre. including the 15% VAT on top will make all pumps raise prices by 2 pence per litre.Do you think this is right? Is it fair that 71% of a litre of fuel goes straight to the government, let us, and them, know your thoughts.