petem
Well-Known Member
I should know the answer to this but what was the final outcome for red in the UK? Was it completely abolished in the end? What the prices at marine pumps now?
Pete
Pete
Red Diesel current situation
- Thread starter petem
- Start date
[2068]
...
It stayed! (as a fuel).
Each time you fill up, you declare the amount to be used for propulsion on a bit of paper. The propulsion part gets taxed at full whack, and the amount to be used for "heating" or other uses gets taxed at the lower rate. If you declare 60% propulsion, 40% "other", HMRC have said you are unlikely to get investigated as to the actual usage.
Pump prices are often displayed as this "60/40" price, which is around 90-something per litre in the Solent.
dv.
Each time you fill up, you declare the amount to be used for propulsion on a bit of paper. The propulsion part gets taxed at full whack, and the amount to be used for "heating" or other uses gets taxed at the lower rate. If you declare 60% propulsion, 40% "other", HMRC have said you are unlikely to get investigated as to the actual usage.
Pump prices are often displayed as this "60/40" price, which is around 90-something per litre in the Solent.
dv.
petem
Well-Known Member
Ouch still a lot more expensive than the 30p a litre that I was used to 10 years ago.
Pete
Pete
[2068]
...
Ouch - exactly. Which is why reasonably economical (for a boat) 35-38ft boats on outdrives are selling a bit better than thirsty flybridges on shafts at the moment.
burgundyben
Well-Known Member
Depends where you go to buy fuel too.....
At least one fuel seller I know of has an opinion about collecting tax for the government that favours motorboaters!
At least one fuel seller I know of has an opinion about collecting tax for the government that favours motorboaters!
