VAT on Red Diesel

[jrn]

The latest consultation from HMRC talks about the duty on red increasing to 54p per litre compared with about 7p per litre now. There is no mention of VAT which is now 5% on red diesel. Will it stay at 5% or increase to 17.5%? If it increases to 17.5% this will add another 9p to the price. This wiil bring the total price to at least 110p per litre (with red at 50p per litre now).
Does anyone have any news on this?

 

[Sneds]

Fraid knot!
Why the hell can't we tell Brussels to sod off? /forums/images/graemlins/mad.gif
Just bought a diesel powered boat to take advantage of the next 14 months. /forums/images/graemlins/smile.gif

 

[gjgm]

not sure what the reasoning would be for VAt to be 5pct on leisure fuel...I ll assume the worst.

 

[gandy]

How much is VAT on road Diesel? I imagine "Leisure Red" will get the same rate.

 

[Andrew_Fanner]

If "leisure" fuel costs more on the water what would stop you getting a tanker of road instead?