Fuel Card and Fuel Duty Talks{0}
Roughly 200,000 people and over a thousand businesses are campaigning for fair fuel pricing. The Road Haulage Association, RAC, Fuelcard Company, and Freight Transport Association are all joining in to help keep pressure on the government. They are hoping with enough pressure the government will forego the increase on fuel duty for a few more months, if not permanently.
There are many working on the government to keep pressure on the body. They hope to make it known that by stopping the increase it could mean a better stimulated economy, as well as fair practise with regards to petrol and diesel costs.
Until a decision is made companies can always use a fuel card to lower their costs at the pump. It may not cover all of the increases at the pump, but a card that helps lower fuel is better than doing nothing. A company could save up to 10p per litre on every vehicle they have with the right card.
There are simply plenty of cards to choose from, so it does not make sense to ignore the products on the market. Instead, one should take advantage of the savings, especially until a distinction can be made with regards to the fuel duty.
Chancellor George Osborne has already stopped the plan for February’s increase of 3p, which has at least helped slightly. There has been an overall savings of 9p since August 2011 since the campaigners have been effective to date.
Those involved have stated they are very pleased that everyone has a commitment to keeping fuel pricing down. As long as everyone will keep this commitment there is a chance to continue helping fleet operators and others save with no increase to fuel duty.
If these savings with no increase to fuel duty are combined with a card for petrol savings then there is an added benefit. The fact that one can also track the expenditures better is most helpful. It means fleet operators can get their VAT back with more ease because they can prove what was spent with accuracy. Fuel cards are simply very helpful products especially in fleets.
It is best to compare the different cards out there to determine which one is right for your fleet operations. If you have not already, you may also want to join in the campaign to keep the fuel duty from increasing any more.