Account Tax News Today : Breaking News, Live Updates & Top Stories | Vimarsana

thanit under 160 3p a litre which is lower than it was in the summer. injuly, averaging 100 and 90p per litre. the rac said drivers should have seen a further 10p off a litre in september which would take the average to about 152 p. it is to do with profit margins. normally, retailers would make around 7p in profit on every litre sold. the rac said in september profit margins went up to 17p for every litre and they say thatis 17p for every litre and they say that is unfair. that is because the average wholesale price has dropped to 100 and 20p a litre. when you take into account tax, transport costs, the rac said retailers are pocketing the extra cash rather than passing it onto drivers. diesel prices are dropping not as quickly. the average price of a litre fell by 3.5 p, down to 100 p. the petrol

Profit marginsAccount taxTransport costsPetrol retailers associationDown to 100 p3 5