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...£1bn unexpected windfall, it was a time for the Government to have cut Fuel Duty significantly. It was a time too, to incentivise drivers to move to cleaner fuels and...
The chancellor George Osborne scrapped the 3 pence per litre rise in fuel duty scheduled for this January. The decision not to increase the tax was confirmed by Osborne in...
Ahead of the 2023 Spring Budget, Logistics UK has highlighted the dangers of a disproportionate rise in fuel duty submitting its recommendations to government. To protect the UK economy, the...
...year ago.” The proposed rise in fuel duty would equate to an additional £4,850 for the cost of running a 44t truck, according to Logistics UK’s calculations, bringing fuel duty...
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...type, engine type, driving behaviour, and other factors also impact fuel and vehicle performance,emissions, and fuel economy. Esso Diesel Efficient™ fuel may be used in all heavy-duty and light-duty vehicles, but results...
...liquid fuels and encourage a move away from traditional fuel options. The red diesel duty changes, therefore, should not be taken in isolation, but viewed through the lens of wider...
...fuels and kerosene when used for home heating are counterintuitive and a significant barrier to wider take up. In comparison, renewable liquid fuels and fossil fuels attract the same duty...
Chancellor Rishi Sunak has announced a cut to fuel duty effective from midnight tonight. Unveiling his spring statement in the Commons, the chancellor announced that the cut in fuel duty...
...fuel suppliers – those who sell more than 450,000 litres of applicable fuels – do this by redeeming Renewable Transport Fuel Certificates (RTFCs) or by paying a fixed sum for...
...where the need to defer duty on fuel is demonstrated by the retailer.” Powell explains that deferring the duty on fuel provides a number of significant benefits, which include (In...
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...in March, but petrol station operators have been accused of not fully passing on the fuel duty reduction. The PRA says its members passed on the 5p fuel duty cut,...
...of reduced energy bill support for businesses and the risk that a steep rise in fuel duty this spring could place on green investment. Responding to the news that the...
Despite the ambitions of the candidates for the leadership of the Conservative Party, Britain’s next Prime Minister should think twice before slashing fuel duty, a fuel tech expert commented today....
...duty is reduced weekly if there is an increase in VAT revenue on fuel sales. Ms Jennings continues: “An increase in the material cost of fuel will still enable the...
Sajid Javid has promised to continue to freeze fuel duty in the lifetime of this parliament Having seen an ‘ill-informed report in the Guardian’ earlier this week, the FairFuelUK campaign...
...for a freeze on diesel and petrol fuel duty, in addition to a reduction in fuel duty for cleaner, lower carbon fuels to support the transition to a zero-emission industry.”...
...energy supplies needed.” Freeze fuel duty forever In a separate statement Logistics UK also called for Government to freeze fuel duty ‘forever’ to help the sector make the shift to...
...Further squeeze on supplies Another unforeseen impact of the rebate change was highlighted by a fuel distributor who was commenting on the recently announced cut in fuel duty: “A duty...
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