There’s VAT on top of the 1.25p – so it’s 1.46875p, which I suppose they round to 1.5p.
“The government announces today that main fuel duty rates will increase in line with inflation by 1.25 pence per litre, with effect from midnight tonight. The Government will also increase the duty rates for rebated oils, biofuels and road fuel gases, in line with the Budget announcement.”
The duty on Petrol & Diesel went up 2.65%.
Duty on Biodiesel & Bioethenol went up 4.61%
Duty on LPG went up 35.67%
The current inflation rate is 2.4%.
Posted under Uncategorized
Posted by Alec at 6:44 pm, December 7, 2006