Operators face a return to fuel duty increases from 2016


 

Fuel duty is set to be increased next year and will climb each year after that in line with inflation. Although chancellor George Osborne did not mention fuel duty in his Autumn Statement yesterday (25 November), effectively maintaining the status quo that has meant no duty rises in five years, this looks likely to end next April. Within the Spending Review document is a forecast that fuel duty revenue will increase by £2.3bn from 2015/16’s level of £27.4bn to £29.7bn […]