Looks like they are going to scrap the lower rate duty on red diesel in the budget, Does that mean food prices will be on the rise then?   https://www.fwi.co.uk/business/markets-and-trends/input-prices/fury-over-chancellors-plans-to-scrap-red-diesel-duty-rate

On market days aroundt 50% of the vehicles driving through the small rural town where I live are tractors, there's going to be an awful lot of upset farmers round here!

1 hour ago, PetrolDave said:

On market days aroundt 50% of the vehicles driving through the small rural town where I live are tractors, there's going to be an awful lot of upset farmers round here!

 

 

I'm just thinking! It will impact train fares too will it not?

1 minute ago, lancpudn said:

 

 

I'm just thinking! It will impact train fares too will it not?

 

Good job Myself and Mrs G get Nation wide free train travel then...................🚆

Just now, Auric Goldfinger said:

 

Good job Myself and Mrs G get Nation wide free train travel then...................🚆

 

 

I get my old farts free concessionary travel pass for greater Manchester, Although having said that My missus & meself have just had to pay a £10 /year fee if we want to travel on the trains or trams.

9 minutes ago, lancpudn said:

 

 

I'm just thinking! It will impact train fares too will it not?

 

6 minutes ago, Auric Goldfinger said:

 

Good job Myself and Mrs G get Nation wide free train travel then...................🚆

 

Forgot to add...............Good job Myself and Mrs G get Nation wide free train travel then...................🚆    Usually in First class.   

The UK treasury are flying a kite, briefing people and might well go through with this on the change in taxation.

 

The thing is there will be many changes in the taxation of road fuels to come.  Petrol, Diesel (Derv), LPG & maybe even Electric.

Then changes to Agricultural, Marine use fuels.

 

There are issues now with Red Diesel that farmers and others are experiencing that the UK Government seen to be ignoring.

http://briskoda.net/forums/topic/475269-increase-in-bio-content-in-red-diesel-issue-for-farmers-this-winter

 

They could just use normal diesel and recoup through the tax system although I bet they'll make the farmer pay up first them wait 24 months to get the money back.

Probably through some new multimillion pound IT system which will be 5yr late and millions over budget and not work

A commentator on the telly just pointed out the other uses of Red Diesel, so not just in Agriculture, Marine but the generators and pumps being used in the floods, at carnivals / fairs and circuses. Building sites, motorway construction, HS2 buiding and railway repairs 

Edited 10 March, 20206 yr by Roottootemblowinootsoot

 

https://www.fleetnews.co.uk/news/company-car-tax-and-legislation/2020/03/11/budget-2020-new-company-car-tax-rates-announced

 

 

So 2 years before a change in the Duty.

Not for Farming, Marine, Rail, Heating.    So just a huge increase in the cost to Construction including the likes of HS2 construction.

 

That will get changed before it ever happens in 2 years time.   But only time will tell.

Edited 11 March, 20206 yr by Roottootemblowinootsoot

The changes come from April for the 'diesel used in non-road mobile machinery such as bulldozers and cranes or to power mobile generators on construction sites.'

https://www.dailyrecord.co.uk/lifestyle/motoring/drivers-hit-major-diesel-law-26357833

 

 

Edited 7 March, 20224 yr by roottoot