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Vehicle Excise Duty collected (£bn)
Fuel duty collected (£bn)
The Government recognises that fuel costs remain a significant part of business and household costs and at a time when petrol prices are rising and the value of the pound is falling it is important that we focus on the cost of living to ensure we’re protecting the public from any additional costs on their fuel. For this reason, at Autumn Statement 2016, the Government announced the main rate of fuel duty will be frozen for the seventh successive year, saving the average driver £130 every year compared to what they would have been paying under pre-2010 escalator plans.