|
Re: Rising cost of living
Quote:
Originally Posted by Chris
That’s because it depends what you use the red diesel for. Unlike a diesel car, where it’s illegal even to have the red diesel in your tank, on a boat you can put red diesel in the tank, because you can still use it duty free for generating heat and power from your engine. Only the fuel you actually use for propulsion attracts duty and you have to declare to HMRC what proportion of the fuel is used for propulsion and pay the duty separately. Reams and reams of guidance have been written on how to do that, and what happens if you make a false declaration and then get audited by HMRC.
|
The calculation is pre agreed for the inland waterways 40% heating- 60% propulsion, the problem is the fuel stations set a ridiculously high rate for the fuel so after the deductions it's often cheaper to buy road diesel from tesco
in september diesel was around £183 at tesco, on the river it was £198 after deductions
Gas oil at local garage £150
__________________
To be or not to be, woke is the question Whether 'tis nobler in the mind to suffer. The slings and arrows of outrageous wokedome, Or to take arms against a sea of wokies. And by opposing end them.
Last edited by papa smurf; 08-11-2022 at 08:08.
|