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Tell us where revenue from petrol tax has gone

Submitted on Saturday 24th December 2011

Published on Thursday 29th December 2011

Current status: Closed

Closed: Saturday 29th December 2012

Signatures: 2

Tagged with

Money ~ Tax

Petition Action

Tell us where revenue from petrol tax has gone

Additional Information

The retail price of petrol and diesel has inceased over several years not only in this governments time in office. For every 1p increase per litre the government profits in tax by 500 million pounds per year. Since 2007 prices have increased by at least 30p per litre.
That is approximately 500 x 30 x 5 =`75.000 million pounds. An astronomical amount of money even if maths are estimated. I would petition to find out where all that extra revenue has gone over the years.

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