Cambon Posted March 22, 2022 Share Posted March 22, 2022 On 3/21/2022 at 7:35 AM, cissolt said: But the vat paid on fuels increases with the price. Government are never going to take a universal approach to help households, but if we followed Ireland and Italy we would be looking to reduce duty on fuels. I would hope they would at least crunch the numbers on the benefits to the economy and not just government coffers. This 11.6P bio rubbish is the difference we don't pay, and the reason we are around 10P cheaper per litre. Quote Link to comment Share on other sites More sharing options...
Ringy Rose Posted March 23, 2022 Share Posted March 23, 2022 9 hours ago, Cambon said: This 11.6P bio rubbish is the difference we don't pay, and the reason we are around 10P cheaper per litre. No, it's because we're a week behind the UK in the purchase cycle. So when prices start to fall, we'll be 10p more expensive. 2 2 Quote Link to comment Share on other sites More sharing options...
WTF Posted March 23, 2022 Share Posted March 23, 2022 42 minutes ago, Ringy Rose said: No, it's because we're a week behind the UK in the purchase cycle. So when prices start to fall, we'll be 10p more expensive. same price you mean? Quote Link to comment Share on other sites More sharing options...
Eris Posted March 23, 2022 Share Posted March 23, 2022 14 hours ago, Andy Onchan said: https://www.wsj.com/articles/u-s-rethinks-uranium-supply-for-nuclear-plants-after-russias-invasion-of-ukraine-11647941401 It's a pay wall but the first few paragraphs are enough so you get the message. What the US does is not the same as Europe will do - thank goodness. Quote Link to comment Share on other sites More sharing options...
Banker Posted March 23, 2022 Share Posted March 23, 2022 5p per litre reduction from 6pm tonight so hold off filling up!! 2 Quote Link to comment Share on other sites More sharing options...
0bserver Posted March 23, 2022 Share Posted March 23, 2022 Brent Crude still pushing about $120.00 per barrel so they'll just use that to ramp up the prices. Quote Link to comment Share on other sites More sharing options...
Banker Posted March 23, 2022 Share Posted March 23, 2022 14 minutes ago, 0bserver said: Brent Crude still pushing about $120.00 per barrel so they'll just use that to ramp up the prices. But Sunak has also raised NI threshold by £3000 to 12759 giving a lot of people a good saving, pressure on Ashford to deliver something similar! 1 Quote Link to comment Share on other sites More sharing options...
0bserver Posted March 23, 2022 Share Posted March 23, 2022 10 minutes ago, Banker said: But Sunak has also raised NI threshold by £3000 to 12759 giving a lot of people a good saving, pressure on Ashford to deliver something similar! Much like Hermes (other courier firms are available) I wouldn't trust Ashford to deliver an Amazon parcel, never mind a raft of economic measures to ease the cost of living crisis. 1 1 2 Quote Link to comment Share on other sites More sharing options...
Non-Believer Posted March 23, 2022 Share Posted March 23, 2022 5 hours ago, Ringy Rose said: No, it's because we're a week behind the UK in the purchase cycle. So when prices start to fall, we'll be 10p more expensive. And I'd bet it will stay 10p more expensive for longer than it needs to as well... Quote Link to comment Share on other sites More sharing options...
cissolt Posted March 23, 2022 Share Posted March 23, 2022 UK duty on fuel is cut by 5p a litre from 6pm tonight Quote Link to comment Share on other sites More sharing options...
2112 Posted March 23, 2022 Share Posted March 23, 2022 1 hour ago, Banker said: But Sunak has also raised NI threshold by £3000 to 12759 giving a lot of people a good saving, pressure on Ashford to deliver something similar! Not a prayer unless real pressure is put upon him. He will enschewer that he won’t give any more to the Manx taxpayers. He will be crying and frothing at the mouth at the thought of losing all that VAT/Fuel Duty. That money could have funded all the pie in the sky schemes, like the TT scoreboard. 1 Quote Link to comment Share on other sites More sharing options...
Derek Flint Posted March 23, 2022 Share Posted March 23, 2022 4 hours ago, Banker said: But Sunak has also raised NI threshold by £3000 to 12759 giving a lot of people a good saving, pressure on Ashford to deliver something similar! It’s only when you move away, You realise how little, Tax the Manx pay. D. Flint, Bard. seriously, I don’t know how they actually manage to do anything, let alone Spaff £100m on a part time terminal in another country. 1 Quote Link to comment Share on other sites More sharing options...
0bserver Posted March 23, 2022 Share Posted March 23, 2022 23 minutes ago, Derek Flint said: It’s only when you move away, You realise how little, Tax the Manx pay. D. Flint, Bard. seriously, I don’t know how they actually manage to do anything, let alone Spaff £100m on a part time terminal in another country. Borrowing £400m helps... like shifting household debt from one 0% credit card to another... except in IOMG case it's certainly not 0%. It's a finely stacked house of cards but ultimately it will collapse. 1 Quote Link to comment Share on other sites More sharing options...
Ringy Rose Posted March 23, 2022 Share Posted March 23, 2022 40 minutes ago, Youaintseenme said: It has been about the cheapest in the UK for over 6 months, possibly 9. How does that tie in with your theory? Prices here are always a week or two behind the curve because of when stocks are brought in and how quickly they get sold. As the wholesale price rises it leaves us paying less than the UK, as we bought at a cheaper rate, but as the wholesale price drops it leaves us paying more than the UK as we bought at a more expensive rate. We saw this at the start of the pandemic when our price decreases were a week or two behind the UK. I'm not sure why this is controversial. Quote Link to comment Share on other sites More sharing options...
Non-Believer Posted March 23, 2022 Share Posted March 23, 2022 55 minutes ago, Derek Flint said: It’s only when you move away, You realise how little, Tax the Manx pay. D. Flint, Bard. seriously, I don’t know how they actually manage to do anything, let alone Spaff £100m on a part time terminal in another country. By having an extremely lucrative VAT reimbursement arrangement..? 1 1 Quote Link to comment Share on other sites More sharing options...
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