Hydrocarbon Oil Duty - Rates and Receipts

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

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