This petition is now closed, as its deadline has passed.
We the undersigned petition the Prime Minister to ensure extra VAT revenue from increases in fuel prices over the past 12 months should be spent on transport or renewable energy. More details
Submitted by Peter Lawton of What Car? – Deadline to sign up by: 30 July 2008 – Signatures: 1,290
For every penny that pump prices rise, HM Revenue and Customs takes an extra £200,000 a day, nearly £73 million a year.
At June 2007 pump prices VAT raised £19 million every day, the equivalent of more than £7 billion a year.
At June 2008 pump prices VAT raised £25 million a day, the equivalent of £9 billion a year.
We believe extra VAT revenue should be spent on renewable energy or improving transport with spending on roads, infrastructure and public transport.
Because there are so many signatories, only the most recent 500 are shown on this page.
Because there are so many signatories, only the most recent 500 are shown on this page.