Motorists have been spared a rise in fuel tax after the Chancellor announced he would freeze the duty for the sixth consecutive year.
The news came as a surprise to many who thought George Osborne would use the recent drop in costs at the pump – as a result of lower oil prices – as a cushion to raise duty.
Today, the average price of a litre of petrol or diesel in the UK is £1.03, though some sell both for less than £1/litre. To help keep costs down, see our Cheap Petrol & Diesel guide.
How much is fuel duty?
The price you pay depends on the type of fuel, as highlighted by this government breakdown of current rates:
|Fuel type||Current tax|
|Petrol, diesel, biodiesel and bioethanol||57.95p per litre|
|Liquefied petroleum gas||31.61p per kg|
|Natural gas as fuels in vehicles||24.7p per kg|
|Fuel oil (heating or in a furnace)||10.70p per litre|