Fuels: Excise Duties

(asked on 9th March 2022) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of reducing fuel duty to help (a) consumers and (b) hauliers in response to the energy crisis.


Answered by
Helen Whately Portrait
Helen Whately
Minister of State (Department of Health and Social Care)
This question was answered on 14th March 2022

In recognition of high prices at the pump and the fact that fuel represents a major cost for households and businesses, including the haulage sector, the Chancellor announced at the Autumn Budget 2021 that fuel duty would remain frozen for a twelfth consecutive year.

A freeze already represents a cut in real terms, providing savings for consumers worth almost £8 billion over the next five years.

All taxes, including fuel duty, remain under review.

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