No extra fuel duty! Unexpected bonus in Chancellor’s Budget
An unexpected bonus for bikers in the Budget by Chancellor of the Exchequer Rishi Sunak came when it was revealed there would be no extra duty on fuel.
In the first major Budget since the UK has started to recover from the Covid-19 pandemic, it was widely expected that there would be significant tax rises to help pay for the economic cost of Coronavirus.
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But although there were tax rises elsewhere, fuel duty levels have remained unchanged. The move – or rather the lack of it – was welcomed by lobby group FairFuelUK, although they added that Mr Sunak should have gone further.
“We warmly welcome freezing fuel duty for the 12th successive year,” said group founder Howard Cox. “This is great news and some relief for hard pressed drivers.. but it was an opportunity missed, too.
“With pump prices at their highest ever, meaning the Treasury is wallowing in a £1bn unexpected windfall, it was a time for the Government to have cut fuel duty significantly.”