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:
Current fuel duty 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 |
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