fuel duty
This follows Brits’ frustrations at the Chancellor’s Spring Statement not being delivered on
The government could take more measures in autumn if energy prices continue to soar
Sainsbury’s has cut the price of a litre by 6p which includes a 1p reduction in VAT
That’s the suggestion of motoring broadcaster and transport campaigner Quentin Willson who spoke to ELN about the benefits of a proposed road pricing scheme
The tax is paid on most fuels and currently stands at 57.95p per litre of petrol, diesel, biodiesel and bioethanol
Banning new diesel and petrol vehicles from 2040 will leave a gaping hole in the Treasury’s finances as fuel duties would be wiped out. That’s according to Kevin Nicholson, Head of Tax at PwC UK, who said the mass adoption of electric vehicles (EVs) would signal the culmination of a trend towards ever-lower fuel tax revenues […]
The European Commission has referred Italy to the Court of Justice over fuel duty reductions. It said the government failed to apply the national excise duty rate on petrol and diesel bought by motorists in the Friuli Venezia Giulia region. Currently, the Italian authorities grant a price reduction on fuel to motorists who live in […]
The government has confirmed it is maintaining the cap on Carbon Price Support rates and pledged investment for electric cars, innovation and infrastructure. Philip Hammond made the announcement during his first and last Autumn Statement as Chancellor as he revealed it will be abolished. That means following the spring 2017 Budget and Finance Bill, […]
Fracking firms were given a boost in the Queen’s Speech today as they will be allowed to drill under people’s homes without permission. The Infrastructure Bill could change trespassing laws, allowing shale gas exploration companies to drill on private land without having to notify the owner. Land and homeowners currently have to give permission for […]
Campaigners are calling on Chancellor George Osborne to reduce fuel duty by 3 pence across all vehicle fuels in the Budget. New figures suggest UK drivers are suffering from the biggest fuel tax burden in Europe as they pay the highest proportion of tax despite a Government freeze on fuel duty since 2011. Around 61% […]