fuel duty
Fuel duty and VAT make up 52 of the cost of petrol so a cut announced in this weeks Budget could make a dent in helping offset the overall rise in costs. 1 day agoFuel duty is levied at a rate of 5795p per litre for petrol and diesel with VAT added on top at a rate of 20 of the combined product price and duty. Pin On A2 Transport Economics The 5p cut could mean a 2 saving on. . 1 day agoFuel Duty is an excise duty included in the price you pay for every litre of fuel pumped into a vehicle. THE chancellor Rishi Sunak has dropped a hint that fuel duty could be cut in this weeks Spring Statement he went on record as saying that filling a vehicle with petrol should not become prohibitively expensive. Fuel duty is a big deal. The two main categories of road fuel ultra-low sulphur petrol and ultra-low sulphur diesel are charged duty at 5795p per litre. Fuels used to power agricultural vehicles andor home heating oil which is sim...