Red diesel fight lost!

oh well doesn't make my purchase of a petrol boat this year look so bad now /forums/images/graemlins/smile.gif

sorry for you guys though. /forums/images/graemlins/frown.gif
 
Have just sent another email to my MEP

[ QUOTE ]
Dear Graham,

I sent you an email on 25/11/06 to which I seem not to have had a reply.

Well the derogation is now lost so there's no need for you to bother replying. I am unimpressed, I would have expected at the very least an acknowledgement from you or your office.

Regards,

John

[/ QUOTE ]
 
Just have to do more "overnighting", e.g. go there, stay there, come back following day, rather than the "there and back" each day that we seem to do at the moment.

dv.
 
Well this is going to prove very interesting with just a matter of days to go before it kicks in on the 1st January.

This still leaves this government having to decide what to do - there is no infrastructure for other than continuing with red but charging all a higher price to at least the level of the minimum duty prescribed by the EC then allowing that duty to be claimed back by commercial concerns.

Some commercial concerns have stated this will end them because of the cash flow problems it causes.

Or are we simply going to see a fiasco whereby nothing it still done and the situation left in limbo!!!
 
No matter what happens now and there is still a lot to play for - this is going to damage an industry which despite all the hype is currently struggling.

What prices to set, what actions to take are now up to our own government. The EU is just deamnding a minimum tax rate for pleasure boats. This does not mean road level prices.

I actually think there is no extra revenue into the the treasury - I think tax yield will fall so there is no gain that way.

This is great - we hit the tiny, tiny part of the marine market whilst leaving 98% plusd of the fuel used by boats at low prices, so there is no green aspect to this.

I also think that perceptions matter to the market and I think boat prices will fall in the UK.
 
What is the minimum duty level prescribed by the EEC? Will it include the extra 1.5 p announced yesterday by smiley Gordon?
 
price fall.. think this will depend on the boat. Single engined diesels may go up due to supply. Certainly, for one,I m going very cold on moving up to a pair of guzzling volvos.Still, must depress the market generally, for sure.
 
I believe the minimum level of duty for diesel is €0.30 per litre, which is about 20p.

As of yesterday's PBR, the rate for diesel is now 48.35p per litre.

The full text of the Communication can be seen here. Our summary is here and my initial thoughts are here.

The important thing at the moment is that we don't know when the price rise will take effect.
 
[ QUOTE ]
I believe the minimum level of duty for diesel is €0.245 per litre, which is about 16.5p

[/ QUOTE ]

That was the rate until 1 Jan 2006, I think. At least, according to this.

Rick
 
25p currently and yes it includes all duties I believe.

In itself it would probably make the most net revenue for the government to do exactly this, let alone enable the existing infrastructure to continue in place. The cashflow issue for commercials could be covered off in a number of ways - as currently - with minimum impact.

However that would all be too easy - so it won't happen.
 
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