Blog: could motorists be forced to pay millions more in tax to compensate for exaggerated efficiency figures?

Budget 2015: fuel duty will remain frozen

Budget 2015: FairFuelUK urges Chancellor to cut fuel duty

Chancellor George Osborne has announced that he will again freeze fuel duty as part of his pre-election budget.

It comes after campaign groups called for a reduction in fuel duty – but experts warned that it would be unsustainable.

Fuel prices have dropped in recent months thanks to reduced oil prices, and Osborne has previously announced freezes in duty in a bid to cut living costs for people in the UK.

In his final budget before the upcoming general election, the chancellor said: “I want to help families with the cost of filling up a car. It is a cost that bears heavily on small businesses too. The last government’s plans for a fuel duty escalator meant taxes would rise above inflation every year.

“But I want to make sure that the falling oil prices are past on at the pumps, so I am today cancelling the fuel duty increase scheduled for September – petrol frozen again, it’s the longest duty freeze in over 20 years. It saves the family around £10 every time they fill up their car. That’s £10 off a tank with the Tories.”

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *