Tuesday, 25 November 2008

UK goverment creates VAT Holiday - raises fuel duty!

Hmm. This article about the pre-budget report's impact on fuel duty is interesting.

So in addition to changing the VAT rate (somewhat bizarrely for 13 months), which the business community generally feel is going to cause chaos, and cost money rather than save it, the UK goverment have also slipped in yet another increase in petrol duties. A permanent one too.

I still get the feeling that we are sinking pretty darned quickly!