| Related: | Personal Finance•Tax•VAT |
Tomorrow's Government fuel duty rise will put 0.76p on the price of a litre of petrol and diesel. Also next Tuesday, January 4, the increase in VAT to 20 per cent will mean pump prices go up once more.
How are we supposed to cope with such stealth charges without giving up on driving altogether soon?
The impact of this will greatly affect many. hauliers will add these additional costs onto their delivery charges to shops who in turn will add evn more onto food products.
Such increases will have major repercusions for all but especially the poor, who are trying to exisit on a limited budget already.
Sadly there is no real alternative for many but to use their cars. Public transport and the increased costs being applied to tickets makes this an unrealistic form of travel for many.
I wonder when, as David Cameron states, this country emerges from this deficit, will we see a decrease in VAT and the other stealth taxes being applied to reduce the questionable deficit? I somehow doubt it very much.
Well Creativesaver, this is something that I have been aware of for some time and probably like most people, in denial of the situation. And Parchester is so right when you add in the cost of transport going up alongside the cost of living as a result.
We have seen a bouyant few weeks on the high street as a result of Christmas and Christmas only I suggest. In my work, I deal with people's financial situations every day as I do with the smaller high street businesses and I predict ( as I have been saying for some time now ) that the start of 2011 will be a period of total discontent for everyone. I think the high streets will be empty, till receipts will plummet and anyone who works in the more 'luxury' side of business ( and that includes restaurants and take aways ) will see their share of income seriously depleted.
AS for driving, I am lucky to have a company car ( but only just, they plan to chop that ) where I only need to find personal mileage costs. Sure, I pay a monthly contribution and a taxation charge, but it remains a good deal. But saying that, the car will be used a lot less.
Will we see the (tory) hauliers setting up road blocks on motorways and at refineries as we have in the past? Again,like Parchester, I doubt it, just as I doubt taxes will decrease once the questionable deficit has been addressed. Methinks the poor will merely continue getting poorer whilst the rich count their profits. It's the rich what gets the pleasure and the poor what gets the blame.
My memory goes back to September 2000, where motorists were causing slow-go's because fuel prices were being increased to 80p a litre. The apathy and resignation in this country is shocking. The media play their part in nulling the public's anger by trailing weeks in advance that fuel will increase to £1.35p a litre (as they are now predicting)and the fuel companies gradually increase it to this price and no one bats an eyelid. In France and other countries such abuses would be met with an outward expression of anger and frustration similar to what we have seen in response to the tuition fee increase.
Come the revolution!
While I admire the French way of protesting, as I did when I lived there ,I do not think it ever changed much. It needs a much more broad front to have any effect and dearly as I love my fellow countrymen,Cromwell was the last one to really change things and even then many of the changes were reversed within a few years.
The great british public will need to alter it's "I'm alright Jack and devil take the hindmost" attitude before much will change. Our masters are too good at giving us bread and (reality)circuses.
Oh yes - forgot to fill the car yesterday and had to do so today for a trip tomorrow. What a hike in cost! It caused a discussion here about whether it is worth selling both of our cars and buying one economical one. The sums on depreciation loss on the possible sale of our current vehicles versus improved future fuel economy are daunting.
Parchester is absolutely right! The cost of everything transported will rise and the vast majority of us will really start to feel the pinch.
I consider myself very lucky that I don't need to use my car for work, and although I already limit the use of my car, I intend to be really strict with myself from now on and only use it when absolutely necessary.
Hi Creativesaver
We currently run two cars and are worried that we might not be able to continue in the future. We live in a village location where public transport is quite limited. This could be a huge problem for us in the future.
This is a regular topic and the only answer is another blockade that's all these government ministers seem to understand.
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