Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether he has made any assessment of the potential merits of issuing a 15p per litre rebate on fuel duty for (a) road freight, (b) coach and (c) logistics operators.
At Spring Statement 2022, in response to high fuel prices, the Government introduced a temporary 12-month cut to duty on petrol and diesel of 5p per litre.
This represents a tax cut worth around £2.4 billion in 2022-23, benefiting anyone who consumes fuel across the UK – including the road haulage, logistics and coach sectors. As a result, the average haulier will save £1500 in 2022-23 on average.
All taxes remain under review and the Chancellor will confirm policy in the Budget, as was the case in previous years.