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br9v81KA
a
Resource
Answer
Written answer
answer has question
E5NZlD2j
answer has answering person
Amanda Jane Solloway
answer text
<p>As off 11 September 2023, average retail pump price for petrol was 153.1 pence/litre the total tax for this was 78.47 pence/litre or 51.3% of the pump price. This is comprised of fuel duty, currently held at the reduced rate of 52.95 pence and VAT amounting to 25.52 pence.</p><p> </p><p>At Spring Budget 2023 the government announced continued support for households and businesses by maintaining the rates of fuel duty at the same levels for an additional 12 months, by extending the temporary 5p fuel duty cut and cancelling the planned inflation increase for 2023-24. That represents a saving for drivers this year of overall around £5bn and for the average car driver around £100 and around £200 since the 5p cut was introduced.</p><p> </p>
answer given date
answer has answering body
Department for Energy Security and Net Zero
written answer has answering body
Department for Energy Security and Net Zero
Department for Energy Security and Net Zero
answering body has written answer
br9v81KA
answering body has answer
br9v81KA
E5NZlD2j
question has answer
br9v81KA
Amanda Jane Solloway
answering person has answer
br9v81KA