UK drivers pay the highest fuel taxes in Europe | Motoring Issues - Car News Feb 2012

MOTORING ISSUES
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11:00 Wednesday 29 Feb 2012

With UK taxes and duty accounting for 60% of the price of petrol and 58% for diesel, motorists in Britain face the highest fuel taxes in Europe as a whole.

UK fuel tax percentages were published by Tory MP Philip Davies and were compared to fuel taxes in other European countries. In comparison to the UK, motorists in Cyprus have the lowest figure for petrol at 43% and those driving in Luxembourg enjoy the lowest taxes on diesel at 38%.

"These figures are another sign that we are going the wrong way with fuel duty," said FairFuelUK founder, Peter Carroll.

"We are calling on the Chancellor for a sea change in policy. He may claim that he has no money but high fuel duty is killing the economy."

TV personality and motoring columnist Quentin Willson, spokesman for FairFuelUK, said that the aim is to show the Treasury that by cutting duty it will "stimulate the economy, create growth" and "get people back spending again."

FairFuelUK, which is backed by the RAC and freight organisations, will meet Treasury Minister Chloe Smith to discuss this issue.

High-sky diesel prices

Unfortunately for British drivers, fuel taxes are not the only cost they have to face these days.

As the AA reported recently, the cost of diesel has reached record high levels, with the average price standing now at 143.05p a litre.

While two years ago the price of a litre of diesel was 113.62p, it has started climbing since then. Despite it falling back to 137.59p in July 2011, the cost of diesel has risen again.

Likewise, average petrol prices experienced a similar increase. Standing at 112.03p a litre two years ago, petrol reached a record high of 137.43p in May 2011. Since then, however, it has started to decrease and the average price at present stands at 135.39p/litre.

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