Error parsing XSLT file: \xslt\FacebookOpenGraph.xslt AUTUMN STATEMENT 2013: Fuel duty frozen for 2014
Cookies on Businesscar

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive all cookies on the Business Car website. However, if you would like to, you can change your cookies at any time

BusinessCar magazine website email Awards mobile

The start point for the best source of fleet information

AUTUMN STATEMENT 2013: Fuel duty frozen for 2014

Date: 05 December 2013   |   Author: Jack Carfrae

Chancellor of the Exchequer, George Osborne, has announced that fuel duty will be frozen for 2014.

Towards the end of his Autumn Statement, he said: "I can deliver on that promise: next year's fuel duty rise will be cancelled."

He claimed fuel is 20p per litre less under the current Government and £11 less per tank than it would have been had Labour remained in power.

He said: "We inherited from the last Government the hated fuel duty escalator. we've cut and then frozen fuel duty."

Fuel duty was previously due to rise by 1.61 pence per litre in September 2014, but will no longer do so.

The move means it will have been frozen for almost four and a half years in total. The Government claims this is the longest freeze in fuel duty for 20 years.

The Autumn Statement also revealed a continuation of the discounted tax rate for cleaner but lesser used fuels such as lpg, cng and biomethane until March 2014.

Current legislation sees the difference in tax rate between such fuels and conventional petrol and diesels reduce by 1p per litre every year - this will continue to be the case.

A review of these practices is scheduled for the 2018 Budget and the Government is also seeking EU approval for tax cuts to methanol fuels.