Fleet News

Budget 2008: Fuel tax increase delayed

The Government's policy is that fuel duty rates should rise each year at least in line with inflation as the UK seeks to reduce polluting emissions and fund public services.

Therefore, main road fuel duty rates will rise by 1.84p per litre on April 1, 2009, and rates will then also increase by 0.5p per litre above indexation on April 1, 2010.

However, the Chancellor confirmed that the planned fuel duty increase of 2p per litre in April 2008 will now take place on October 1, 2008.

The Government can also confirm that rebated oils duty increases will also be deferred until 1 October 2008, when they will rise in proportion to main road fuel duties.

These rates will also rise by the same proportion as main road fuel duties in the subsequent two years.



Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment


No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee