Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what modelling assumptions her Department has made of the rate of fuel duty in each of the next five financial years.
Fuel duty applies to petrol, diesel and other fuels for road and non-road uses, such as construction. The Government carefully considers the impact of fuel duty on households and businesses, with decisions on rates made at fiscal events.
Full forecasts for fuel duty revenue, certified by the Office for Budget Responsibility (OBR), will be published at Budget on 30 October.
HMRC regularly publish statistics relating to the direct effects of illustrative tax changes, including fuel duty. The most recent version of this publication can be found on GOV.UK:
https://www.gov.uk/government/statistics/direct-effects-of-illustrative-tax-changes.