to think a 5p cut in fuel duty is nothing when it comes to the price of fuel - yet the Government seems obsessed by it

[cakeorwine]

Government complaining about the 5p in fuel duty not being passed on.
At £1.88 a litre, 5p is nothing.
VAT is 20%. So 32p of fuel is VAT and about 53p of fuel is fuel duty.

So at £1.88 a litre, nearly 85p of that goes towards taxes.

And we just hear about that 5p cut.

5p is about £2.50 on a 50 litre tank.

Fuel duties are levied on purchases of petrol, diesel and a variety of other fuels. They represent a significant source of revenue for government. In 2022-23, we expect fuel duties to raise £26.2 billion. That would represent 2.7 per cent of all receipts, and is equivalent to around £930 per household and 1.0 per cent of national income.

obr.uk/forecasts-in-depth/tax-by-tax-spend-by-spend/fuel-duties/

I wonder how much VAT they make?