oil price

Post by **jcgeddes** » 16 Sep 2006, 17:45

Hi all I have been browsing this site reading all I can on using cooking oil in my JX powered multivan.

If I am correct and do everything above board then the goverment will charge me around 45 - 50 pence per litre I use on top of the purchase cost.

In sainsburys today the cosy of 3 litres of oil is 1.60, so 53p per litre.

Making a total of 98 - 103 per litre - diesel is only 93p at the moment.

So where are you all getting your oil from and how much are you paying?

Cheers
John

Post by **yorkshire rose** » 18 Sep 2006, 08:19

If you need to know how much tax is payable on this sort of oil ........... the answer should be somewhere on here:

www.hmrc.gov.uk

I know it is on there somewhere, just cant remember exactly where at the moment.

Post by **jcgeddes** » 18 Sep 2006, 17:27

Cheers for the link, I have had a nose through the site but, have missed the vital information with regards to cost (duty per litre)

I have found the hydrocarbons oil duty thing, but I can't decide which category it comes under.

But at the moment I can't see who people are doing it (running vegtable oil blends) all above board, and doing cheaper than buy diesel from a petrol station, unless the oil is free!

So what have I missed??

Any help greatful

John