Rates and Receipts
The rates since 23rd March 2011 have been as follows:
| Fuel | rate | note |
|---|---|---|
| Petrol, diesel, biodiesel, bioethanol | £0.5795 | per litre |
| Natural gas used as road fuel (inc biogas) | £0.2615 | per kg |
| Road fuel gas other than natural gas | £0.3304 | per kg |
VAT at the current rate is then added to the total price. The taxation percentage of forecourt prices varies according to the price of oil, rising from 55.9% at 65p per litre untaxed to 61.4% at 50p per litre (2012 figures).
Read more about this topic: Hydrocarbon Oil Duty
Famous quotes containing the words rates and/or receipts:
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—Calvin Coolidge (1872–1933)
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—William Howard Taft (1857–1930)