Petrol price

[bubba28]

Why is petrol and diesel sold by the 0.9p per litre and why if the VAT went up by 2.5% did the price not just go up by 2.5% of yesterdays price?

[squarebear]

It went up less than the rise round here. It was 121 and is now 123.

[sophie_1003]

Where are you squarebear?? It's at least 125 around here!

[squarebear]

Yorkshire

[sophie_1003]

Ah; too far for me to go then just to get cheaper petrol!

[gingejbee]

The 0.9p is convention. Only part of the price is VAT and that's the part that was increased.

[Milvus]

It is. VAT is charged on the total of fuel price plus duty

[rnchugg]

diesel £131.9- £132.9 North Devon RIPPPPP OFFFFFF!!!!!!!!!!!!!!!!!!!

[Hopkirk]

If you do the maths, you will see that a 2.5% increase in VAT equates to a 2.1% increase on yesterday's prices. (though this does nothing to answer your question, sorry)

[Hopkirk]

I think I should get you done under the Trade Descriptions Act Bubba, with that avatar.