Submitted on Wednesday 25th May 2022
Rejected on Friday 27th May 2022
Current status: Rejected
Rejection code: duplicate (see below for details)
Remove VAT on fuel and appoint a regulator for the cost of petrol and diesel.
VAT on petrol and diesel should be temporarily removed and a regulator put in place to prevent profiteering by fuel suppliers and retailers. Petrol is now an average of £1.70.4 a litre and diesel costs more than £1.81.4 - all-time highs for both fuels.
The 5p per litre cut announced in the Chancellor’s Spring Statement that did nothing to support struggling individuals and businesses with the cost of living crisis. It has, rather unwittingly, increased profit margins for retailers! In reality, when it costs over £90 for just 50 litres of diesel - £2.50 cut does very little…. Especially when the RAC estimate that currently 55% (or approximately £50!) of the cost is from fuel tax and VAT. VAT alone benefits the Treasury by around 30p per litre.
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The Government e-Petitions Team gave the following reason:
There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.
You are more likely to get action on this issue if you sign and share a single petition.
You might like to sign the following petitions:
Set up an independent regulator to monitor and regulate vehicle fuel pricing
petition.parliament.uk/petitions/605282
Suspend VAT on road fuels to reduce fuel costs
petition.parliament.uk/petitions/610567
Hold an inquiry into fuel prices and introduce increased regulation
petition.parliament.uk/petitions/603624
18.191.178.145 Sun, 22 Dec 2024 11:42:07 +0000
