Find out how much of your fuel purchase is tax!
Whenever you buy fuel in the UK you are essentially taxed twice: first as part of an excise duty imposed on the sale of fuel and then by VAT, which is charged on the duty as well as the cost of the fuel supplied.
However, unlike VAT, fuel duty is not shown on your receipt. iFuelTax provides a solution to this lack of transparency by revealing how much tax you pay each time you fill up.
To use the app:
1. Enter cost of fuel purchased
2. Enter price per litre paid
3. Touch GO to reveal the tax
Follow us on Twitter: @iFuelTax
Please note:
This application is not affiliated to any political party and is for educational and entertainment purposes only. Tax rates (HMRC, 23/03/2011) correct as of date of submission to the App Store. VAT rates vary depending on how fuel is used, e.g. some rates are reduced for charity non-business use. Always refer to official HMRC information regarding your particular situation:
http://www.hmrc.gov.uk/