RAC reveals true cost of fuel tax mega-hikes
Motorists have endured five separate tax rises since the 1st January 2010; for the average driver using 1200 litres of petrol over the year, the hikes equate to an extra spend of around £100. During tighter economic times this is particularly tough on motorists, many of whom feel they are being singled out as a lucrative solution to reviving the country’s wounded finances.
In the last year there have been three fuel duty hikes that amount to a total of 2.76p per litre, whilst there have also been two unwelcome VAT rises, so drivers have seen an extra 8p added to a litre of petrol over that period.
According to RAC, this has brought the Treasury extra cash to the tune of roughly £4 billion, but the April hike is still set to go ahead.
Adrian Tink, RAC motoring strategist, commented: “Time and again motorists are seen as an easy target when it comes to raising revenue, but an extra £100 a year is surely too much, especially as many family budgets are struggling during these difficult economic times.”
“The Government need to stop viewing motorists as the cash cow that keeps on giving and do something to help control prices. Talk of a fuel price stabiliser is still in the air - but talk is cheap. Action is needed, firstly by cancelling the next proposed fuel duty rise in April and then by looking looking at ways of fairly controlling the price of fuel.”
RAC is fronting a continued campaign to highlight the punishing effect that these hikes have on motorists, with the ultimate goal of seeing the planned April rise cancelled.