Diesel just hit £2 a litre. First time ever.
2000: 82p. Same tank, £45. Today: £110.
It isn’t “just tax”. Duty is 53p, same as it was 25 years ago. The jump is the oil market.
Of your £2:
53p duty
33p VAT
86p to the Treasury
£1.14 for the diesel
VAT is charged on the duty. When the crisis lifts the price, the tax take rises with it.
Hauliers, farmers, delivery drivers, trades: same litre, same cut. Duty rises again in January.
86p of every £2 is already tax. What are we waiting for?