Hi everyone, its been a long time since I posted last on this forum, but the last budget (proabably been done to death by now) combined with the latest trick by the combined cartel known collectively as the supermarkets has really got my back up.
Veg oil over the last 3/4 weeks has gone up from around the £1.59 per 3ltrs to £1.88 in Tescos and Adsa. Somerfield have the brass neck to go from £1.70 to £1.99!
Now even if the IR accept the stuff as biodiesel when you start adding 62.3p to 28.1p (biodiesel rate) you are now hitting the same cost as dino diesel in our area.
The budget has done nothing to increase the differential between dino and bio except extend the time the differential will be maintained.
Well thats it, the last return went back in 'NIL RETURN' and even if I'm accepted back as 'biodiesel producer' it will be 'NIL RETURN' until I can actually save money. Selfish you may consider, I'll not argue, but until someone actually proves they are actively encouraging the use of biofuels without taxing the legs off it I will not be using it.
Anyone seen any prices for the large 20lt containers from places such as Costco, last time I had a couple of those about a month ago it was £9.99 each.
Regards all
Veg oil over the last 3/4 weeks has gone up from around the £1.59 per 3ltrs to £1.88 in Tescos and Adsa. Somerfield have the brass neck to go from £1.70 to £1.99!
Now even if the IR accept the stuff as biodiesel when you start adding 62.3p to 28.1p (biodiesel rate) you are now hitting the same cost as dino diesel in our area.
The budget has done nothing to increase the differential between dino and bio except extend the time the differential will be maintained.
Well thats it, the last return went back in 'NIL RETURN' and even if I'm accepted back as 'biodiesel producer' it will be 'NIL RETURN' until I can actually save money. Selfish you may consider, I'll not argue, but until someone actually proves they are actively encouraging the use of biofuels without taxing the legs off it I will not be using it.
Anyone seen any prices for the large 20lt containers from places such as Costco, last time I had a couple of those about a month ago it was £9.99 each.
Regards all
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