Gludy
Active member
Thought with 30 votes in its worth giving a report on the poll - anyone can vote and see the result at
http://194.130.49.178/testpoll.cfm?SiteRef=4
I realise that this is not in anyway a statistically representative poll but the result are of some interest:-
30% of you said that you would simply spend more and it would make no difference to - so 70% would make a change.
13% would marginally reduce their boating hours by 25%
7% would reduce by 50%
7% would reduce by 75% so as to maintain same overall cost
13% would move boat abroad or obtain fuel from overseas.
23% would sell their boat
None - 0% would change for a smaller power boat
7% would change to sail.
The larger engine boats tended to be in move abroad/sell bracket but there were also some very small boats being sold.
TAX REVENUE
From a tax revenue point of view the 36% selling or moving plus the 7% changing to sail represent a 43% of you who would no longer be buying any fuel in the UK but seeing as the average size of these boats is bigger, a weighted average would increase this figure to be about 60% of fuel consumption. Add to this, those who reduced fuel consumption - the on weighted average 44% reduction for 27% of you - giving an overall further 12% reduction = 72% overall reduction in fuel consumption making the full size increase about tax neutral as regards fuel tax - no more revenue.
However there are now the losses from the spending of 36% no longer boating here or selling their boat - this would lose HMG revenue across the board and would move the situation into a tax loss position.
Even those these figures are just a straw poll they do show a fuel tax neutral position and a tax loss position overall. It would be very difficult to end up with an overall tax neutral position for HMG - a very much higher percentage would have to carry on as before simply spending 3 to 4 times more. And it seems that is not going to happen.
I know you can cliam that some sold boats will carry onto consume fuel and so on but you can then also allow for the fact that many using their boats less also drop spending in other areas - so the model is by no means complete.
<hr width=100% size=1>Paul
http://194.130.49.178/testpoll.cfm?SiteRef=4
I realise that this is not in anyway a statistically representative poll but the result are of some interest:-
30% of you said that you would simply spend more and it would make no difference to - so 70% would make a change.
13% would marginally reduce their boating hours by 25%
7% would reduce by 50%
7% would reduce by 75% so as to maintain same overall cost
13% would move boat abroad or obtain fuel from overseas.
23% would sell their boat
None - 0% would change for a smaller power boat
7% would change to sail.
The larger engine boats tended to be in move abroad/sell bracket but there were also some very small boats being sold.
TAX REVENUE
From a tax revenue point of view the 36% selling or moving plus the 7% changing to sail represent a 43% of you who would no longer be buying any fuel in the UK but seeing as the average size of these boats is bigger, a weighted average would increase this figure to be about 60% of fuel consumption. Add to this, those who reduced fuel consumption - the on weighted average 44% reduction for 27% of you - giving an overall further 12% reduction = 72% overall reduction in fuel consumption making the full size increase about tax neutral as regards fuel tax - no more revenue.
However there are now the losses from the spending of 36% no longer boating here or selling their boat - this would lose HMG revenue across the board and would move the situation into a tax loss position.
Even those these figures are just a straw poll they do show a fuel tax neutral position and a tax loss position overall. It would be very difficult to end up with an overall tax neutral position for HMG - a very much higher percentage would have to carry on as before simply spending 3 to 4 times more. And it seems that is not going to happen.
I know you can cliam that some sold boats will carry onto consume fuel and so on but you can then also allow for the fact that many using their boats less also drop spending in other areas - so the model is by no means complete.
<hr width=100% size=1>Paul