Campaigning with electric cars. |
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fab100
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Joined: 15 Mar 11 Online Status: Offline Posts: 1005 |
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Topic: Campaigning with electric cars.Posted: 30 Nov 17 at 12:49am |
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1% on income tax raises £5.5b, so thats 5% on income tax And that does not replace the 20% vat on every litre that will be hidden elsewhere in the accounts. they wont stop spending will they, so they’ll make it up somewhere
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iGRF
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Joined: 07 Mar 11 Location: Hythe Online Status: Offline Posts: 6499 |
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Posted: 30 Nov 17 at 9:52am |
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Got to find £450,000 a year for deputy chancellors, heads of regional councils and countless other managerial administration jobs, none of whom involved in wealth creation all of whom allegedly 'business trained' and none recognising the key fact in business when times are tough, reducing overhead and administration costs. |
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Eisvogel
Posting king
Joined: 09 Dec 16 Location: Birmingham Online Status: Offline Posts: 135 |
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Posted: 30 Nov 17 at 10:58am |
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To be fair, the government does not pay the salary of Vice Chancellors; that's what our students shell out their £9000/pa for. Not forgetting that universities are classed as charities, with associated tax benefits.
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Enterprise 20361 (Eisvogel), Laser 102727 (Halcyon), Laser 121986
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Old Timer
Far too distracted from work
Joined: 05 Jun 13 Online Status: Offline Posts: 370 |
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Posted: 30 Nov 17 at 11:23am |
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So what is the composition of tax on our petrol ... anyone got a pie chart showing the breakdown.
This rush to electric will no doubt give some tax breaks to the early adopters but in time the government will have to start to tax car fuel again. Domestic electricity is 5% VAT and petrol is 20% that is a win for starters but there is other tax on petrol beyond VAT I believe. |
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Sam.Spoons
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Joined: 07 Mar 12 Location: Manchester UK Online Status: Offline Posts: 3401 |
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Posted: 30 Nov 17 at 12:05pm |
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Fuel duty is 58p/ltr and is added to the cost of road fuel before the VAT is added so the robbing B'Stards charge us VAT on the duty, taxing the tax........
What this means is that 65% of the pump price of diesel is tax...... Edited by Sam.Spoons - 30 Nov 17 at 12:07pm |
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Spice 346 "Flat Broke"
Blaze 671 "supersonic soap dish" |
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Jack Sparrow
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Joined: 08 Feb 05 Location: United Kingdom Online Status: Offline Posts: 2965 |
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Posted: 30 Nov 17 at 1:31pm |
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I think we've got to stop thinking about an electric car as just a car. We need to think of it as part of a system. It's a mobile energy storage device. Then when you think like this and you make your own power with solar etc... and use it in your car. Or use your car to run your house, and then charge it back up off peak. Or the grid takes it from your car in peak load. It becomes a very different tax / VAT model to the conventional one applied to petrol / diesel.
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fab100
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Joined: 15 Mar 11 Online Status: Offline Posts: 1005 |
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Posted: 30 Nov 17 at 2:07pm |
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There is also a government subsidy on Electric Vehicles, being the lower of 35% of the price and £4,500.
This was annoying enough before Jimbo announced he was getting one
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turnturtle
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Joined: 05 Dec 14 Online Status: Offline Posts: 2538 |
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Posted: 30 Nov 17 at 3:25pm |
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Second one clive... just handed back one of the Alan Partridge-ish ‘Lexi’.... IS300h, reliably informed ‘not a drivers car’ by big income tax paying car snobs in the office.
Edited by turnturtle - 30 Nov 17 at 3:26pm |
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craiggo
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Joined: 01 Apr 04 Location: United Kingdom Online Status: Offline Posts: 1810 |
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Posted: 30 Nov 17 at 5:10pm |
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Surely you as the boss are the big income tax paying car snob? |
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OK 2129
RS200 411 |
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iiiiticki
Far too distracted from work
Joined: 06 Mar 16 Location: Derbyshire Online Status: Offline Posts: 206 |
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Posted: 30 Nov 17 at 6:00pm |
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My Alfa Romeo Twin Spark (petrol) dod about 25 mpg plus a lot of oil, they all do, but my JTDM diesle Alfa Romeo does about 45 mpg for similar performance. That means I pour about half as much fluid into it. Is diesel twice as dangerous as petrol? And....although 9 years old I do not need to pay the inner London fuel charge because the engine meets current emission standards.
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