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LPG price hike

General Tech Talk

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LPG price hike

Post by planb »

i remember hearing a while back that the government were considering introducing the fuel excise tax on lpg (which is charged on petrol and diesel) but as yet, not on lpg

is this going to happen ?
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Post by Shadow »

yes

will come in gradually over 8 year period though.
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Post by DIRTY ROCK STAR »

Bastards just as i was looking ta LPG too.... :finger: to govt!

hmmmm i wonder if there is a low petrol consuming hybrid jobby engine that can power a Fj40 effectively??

hmmm, will the excise make it the same price as ULP?
Wasnt there some environmental positives with LPG, and thats why it was cheaper to promote it??

I could be wrong??
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Post by Shadow »

it was cheaper as no-one wanted it and it used to be burnt off as waste.

now that people want it the government will tax it!
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Post by bad_religion_au »

it produces less harmful emmissions for the amount of energy created according to an add in the latest wheels magazine, i'll dig it out when i get home
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Post by planb »

Shadow wrote:yes

will come in gradually over 8 year period though.
have you got any more details about this ?
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Post by GOT MUD »

i will ask a person i know who is high up in this industry what he has heard and get back to yous iam also thinking about the truck we buy will be on lpg so this will be interesting
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Post by Shadow »

this was on the news about 12 months ago.

It will be systematically introduced over the next 7 or 8 years.

I dont think any tax will be introduced for 2 years, then it will be increased until the tax applied to LPG is the same as other fuels.

i cant remember any other details.
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Post by awill4x4 »

Google is your friend
"Beginning in 2008, the government will levy a 2.5 cent per litre excise on LPG. This will eventually rise to 12.5 cents in 2012. "
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