
In 2000 fuel duty on petrol was 49p/litre. Since then, it has not risen with inflation, and currently sits at 53p/litre. We believe raising the duty to 93p/litre would raise significant revenue for the Treasury.
Rachel Reeves
Chancellor
Reduce Fuel Duty to below £0.20 per litre
Increase the Personal Allowance to £16,000 and link it to inflation
Extend the Fuel Duty Freeze for Motorists For At Least Two More Years
Raise the standard tax-free Personal Allowance to £45,000
End the freeze on income tax thresholds & adjust annually, indexed to inflation
In 2000 fuel duty on petrol was 49p/litre. Since then, it has not risen with inflation, and currently sits at 53p/litre. We believe raising the duty to 93p/litre would raise significant revenue for the Treasury.
Reduce Fuel Duty to below £0.20 per litre
Increase the Personal Allowance to £16,000 and link it to inflation
Extend the Fuel Duty Freeze for Motorists For At Least Two More Years
Raise the standard tax-free Personal Allowance to £45,000
End the freeze on income tax thresholds & adjust annually, indexed to inflation