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Beverage manufacturers are taxed according to the volume of sugar-sweetened beverages they produce or import. The tax is imposed at the point of production or importation, in two bands. Drinks with total sugar content above 5g per 100 millilitres are taxed at 18p per litre and drinks above 8g per 100 millilitres at 24p per litre.
For example, a company may purchase one million litres of diesel at 72.50 and aim to sell this on to the customer with a mark up of 2.5 pence per litre — 75.00 PPL. Bunkered fuel card companies sometimes also offer customers their own fuel bunker to under the premise of further benefiting from a discounted price.
LPG was popular in Australia, because it was less than half the price of petrol in urban areas (approx A$0.59-0.75 per litre, as opposed to A$1.10-1.35 per litre for unleaded fuel and A$1.15-1.30 per litre for diesel, in February 2010), and it is locally produced.
The litre (Commonwealth spelling) or liter (American spelling) (SI symbols L and l, [1] other symbol used: ℓ) is a metric unit of volume. It is equal to 1 cubic decimetre (dm 3 ), 1000 cubic centimetres (cm 3 ) or 0.001 cubic metres (m 3 ).
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LONDON -- Royal Bank of Scotland (ISE: RBS.L) (NYS: RBS) kept steady at 263 pence in early trade this morning after the bank announced its Direct Line (ISE: DLG) insurance subsidiary is to be sold ...
c. 13), also known as the Trade of Sugar Colonies Act 1732, was an act of the Parliament of Great Britain that imposed a tax of six pence per gallon on imports of molasses from non-British colonies. Parliament created the act largely at the insistence of large plantation owners in the British West Indies.
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