Currently, for every litre of fuel you buy, 52.95p is fuel duty, there is VAT to add on top of that.
Enter the price for petrol or diesel and see how much goes to the government in tax and how much goes to the oil company, distribution system and the retailer.
So, where does the money go? From the Government Tax side, it goes into two places, VAT and fuel duty. From the Suppliers side, it goes into drilling, extraction, transport, refining, wages, distribution, petrol stations and infrastructure.
Per Litre (p) | Per Tank (£) | |
Government Take | ||
Fuel Duty | 0.00 | 0.00 |
VAT | 0.00 | 0.00 |
Total | 0.00 | 0.00 |
Retailers Take | ||
Fuel | 0.00 | 0.00 |
Grand Total You Pay | ||
Your Cost | 0.00 | 0.00 |
Please note, there might be the odd error in the Totals, as the calculations are done to a much higher precision than the display. They should always be within a penny.