Orkney and Shetland MP, Alistair Carmichael, has welcomed the introduction of a “Fair Fuel Bill” in the House of Commons. The bill which would require petrol stations to show customers how much of the cost per litre was made up in taxes was introduced by Conservative MP, Peter Aldous, but is supported by MPs of all parties.
Speaking after the bill had been introduced , Mr. Carmichael said:
“Many people would be surprised, and not in a good way, to know the percentage of the cost of a litre of fuel that goes to the Treasury. You pay VAT, Fuel Duty and then VAT on the Fuel Duty.”
“Tax transparency is just one of the issue we need to look at to ensure the price paid by people at the pumps is fair. This could be introduced gradually so it need not be a major burden on retailers.”
“This is a cross-party initiative that could make a difference in communities the length and breadth of the country. I suspect that this would make it more difficult for the Treasury to raise fuel duty in the future. That is, I suspect, why they are opposing it.”