Oil: Excise Duties

(asked on 26th September 2019) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether the Government plans to reduce excise duty on UK produced petroleum.


Answered by
Simon Clarke Portrait
Simon Clarke
This question was answered on 1st October 2019

The government recognises that transport is a significant cost for households and businesses. That is why for the last nine years the government has frozen fuel duty at a cost of £53bn, saving the average car driver £1,000 compared to pre-2010 plans.

All taxes remain under review with any future decision made as part of the normal Budget processes and in the context of the wider fiscal position.

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