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VAT chancellor
When VAT was temporarily reduced to 15%, the Chancellor added 2% duty to fuel to offset the reduction in tax collected from motorists. Now that VAT has been increased to 17.5% again this hidden tax has not been removed - hence recent rises in your fuel costs. Sign the petition at petitions.number10.gov.uk/DutyReduction
Asked on 15 May 2010 by A.C., via e-mail
Answered by
Honest John
Cloud Cuckoo Land. The national debt is £114 billion. Each of us owes the rest of the world £20,000. Sterling has dropped 30% against the Euro and 40% against the Yen, even 40% against the Thai baht in the last two years and could drop a further 10%. And you're petitioning about a few pence on fuel. How would you prefer to pay off that £20,000 debt that Gordon Brown has saddled you with? VAT up to 25%, perhaps?
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