Bob Wood wrote:
> 2008/10/26 Ron Jones <[EMAIL PROTECTED]>:
>
>> Bob Wood wrote:
>
>
>>> The Customs Brief makes it clear that VAT is chargeable at the
>>> reduced rate of 5%, not the full 17.5% which you have used in your
>>> calculations.
>>>
>>> So, the maximum possible increase is in the order of 48p+VAT = 50.4p
>>> - that's the full duty rate (not a 60/40 split), a 60/40 split would
>>> be an increase of 60% of 48p = 28.8, and adding VAT = 30.24p.  I
>>> don't see how anyone could make that £1.50 per litre.
>>>
>>> Only a small difference, I know  -  or have I missed something?
>
>> Ooops, I forgot that one - so that's 29.8p increase on the 60/40
>> Therefore that will make my diesel (assuming the price hasn't gone
>> up very recently) 105p/l, which is a couple of pence cheaper than
>> white diesel at ASDA, and I won't end up with a car full of smelly
>> jerries.
>> IMHO you only spill diesel in a car once... ;-)
>
>
> 29.8p ?
>
> I still make it 30.24p.

Bl**dy windows calculator - always misses a mouse click when you are not 
looking.  :-(

Ron Jones
Process Safety & Development Specialist
Don't repeat history, unreported chemical lab/plant near misses at
http://www.crhf.org.uk Only two things are certain: The universe and
human stupidity; and I'm not certain about the universe. ~ Albert
Einstein 



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