5p cut in fuel duty

What has been announced

As part of the government spring statement, Rishi Sunak has confirmed that there is a cut of fuel duty for petrol and diesel of 5 pence per litre across the whole of the UK.

The cut and freeze in fuel duty in 2022-23, is claimed to represent a £5 billion saving over the next 12-months worth around:

  • £100 for the average car driver
  • £200 for the average van driver
  • £1,500 for the average haulier

When is it happening?

The cut takes effect from 6pm 23rd March 2022 and lasts for 12 months.

PAYadvice.UK 23/3/2022

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