Fuels: Excise Duties

(asked on 15th March 2022) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what the projected revenue from fuel duty is for the 2021-22 financial year.


Answered by
Helen Whately Portrait
Helen Whately
Minister of State (Department of Health and Social Care)
This question was answered on 21st March 2022

The Office for Budget Responsibility’s (OBR) latest update of its forecast was published on 27 October 2021 in the October 2021 Economic and fiscal outlook (EFO). It was forecast that fuel duty revenues would amount to £26.8 billion in 2021-22. The full EFO is available to view here: https://obr.uk/efo/economic-and-fiscal-outlook-october-2021/

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