Policy paper: Extending the cut to Fuel Duty rates

This measure extends the reduction in fuel duty rates, that were introduced from 23 March 2022, by a further 12 months. The assumed inflation increase in Fuel Duty in 2023-24 will not take place. The initial cut reduced rates for diesel and unleaded and leaded petrol by 5 pence per litre (ppl), with a proportionate percentage cut (equivalent to 5ppl from the main fuel duty rate of 57.95ppl) in other lower rates and the rates for rebated fuels, where practical. The rate for Avgas was reduced by 5%.