Autumn Budget 2024 – Fuel Duty rates

Autumn Budget 2024 – Fuel Duty rates

In the Autumn Budget, the Chancellor had been widely expected to increase fuel duty rates. However, in a surprise announcement she extended the fuel duty cut for a further 12 months to help support households and

Autumn Budget 2024 – Alcohol and Tobacco Duty

Autumn Budget 2024 – Alcohol and Tobacco Duty

As part of the Autumn Budget measures the Chancellor announced that the duty rates on tobacco products were increased by 2% above the rate of inflation (based on RPI) effective from 6pm on 30 October 2024. It was also

Spring Budget 2024 – Fuel Duty rates

Spring Budget 2024 – Fuel Duty rates

In the Spring Budget, the Chancellor extended the fuel duty cut for a further 12 months to help support households and businesses at a time of high oil prices. The Chancellor acknowledged that the rising price of fuel

Alcohol duty freeze takes effect

Alcohol duty freeze takes effect

As part of the Autumn Statement measures the Chancellor announced that the duty rates on beer, cider, wine and spirits would be frozen at the current rates until 1 August 2024. This change took effect from 1 February