Rates and Receipts
The rates since 23rd March 2011 have been as follows:
| Fuel | rate | note |
|---|---|---|
| Petrol, diesel, biodiesel, bioethanol | £0.5795 | per litre |
| Natural gas used as road fuel (inc biogas) | £0.2615 | per kg |
| Road fuel gas other than natural gas | £0.3304 | per kg |
VAT at the current rate is then added to the total price. The taxation percentage of forecourt prices varies according to the price of oil, rising from 55.9% at 65p per litre untaxed to 61.4% at 50p per litre (2012 figures).
Read more about this topic: Hydrocarbon Oil Duty
Famous quotes containing the words rates and/or receipts:
“[The] elderly and timid single gentleman in Paris ... never drove down the Champs Elysees without expecting an accident, and commonly witnessing one; or found himself in the neighborhood of an official without calculating the chances of a bomb. So long as the rates of progress held good, these bombs would double in force and number every ten years.”
—Henry Brooks Adams (1838–1918)
“As they lean over the beans in their rented back room that
is full of beads and receipts and dolls and cloths,
tobacco crumbs, vases and fringes.”
—Gwendolyn Brooks (b. 1917)