Category: Fuel duty

Cost of living tsar urges Starmer to extend fuel duty cut in light of Iran war

Richard Walker says any planned September rate rise should be scrapped to reflect increase in petrol pricesA cut to fuel duty should be extended to reflect the rise in petrol prices, the government’s cost of living...

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Would more North Sea drilling mean lower energy prices for UK consumers?

Kemi Badenoch claims increased UK oil and gas production would cut bills by £200, but critics say plan won’t workOil prices hit $100 a barrel soon after the US and Israel launched their attack on Iran, and though...

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Reeves to announce £1.5bn boost in EV subsidies amid pay-per-mile concerns

Industry experts welcome extra incentives but fear a consultation on a mileage tax sends mixed messages Drivers will be able to claim government subsidies to cut the cost of buying a new electric car until 2030 under plans to be...

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From capital gains to NICs: tax changes to look out for in autumn 2024 budget

Rachel Reeves will seek to close £40bn Whitehall spending gap with range of potential measuresLabour has two aims in the budget: to make tax rises and spending cuts that close a spending gap in day-to-day Whitehall budgets...

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Bring in pay-per-mile road pricing across UK, urges Tony Blair’s thinktank

Rachel Reeves urged to shelve fuel duty plans and overhaul taxes amid expected switch to electric vehiclesA pay-per-mile road pricing system must be brought in now, according to Tony Blair’s thinktank, which is urging the...

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Fuel duty expected to rise by up to 7p per litre after the budget

Campaigners point out it is often cheaper to drive or even fly within the UK than take the trainFuel duty is expected to rise by up to 7p per litre after the budget, with speculation intensifying that the chancellor will restore...

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Budget 2024: what taxes could Rachel Reeves raise?

The chancellor is aiming to make £40bn worth of tax rises and spending cuts to fill ‘black hole’ in public financesThe chancellor, Rachel Reeves, is exploring ways to raise billions of pounds extra in taxes at...

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Jet fuel tax could raise £6bn a year in the UK, says thinktank

Experts say ‘baffling’ lack of equivalent to fuel duty means motorists are more strongly taxed than private jet ownersCampaigners have urged the chancellor to start taxing jet fuel – with a report showing that...

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