Following representations by the Association we are pleased to advise that the Chancellor has recognised the difficulties facing the industry by not reducing the duty differential with petrol at the next increase announced for September 2009.
The government has also extended the commitment fuel duty from 3 years to 5 years.
This creates a positive message of support for the industry and allows LPG to remain competitive in the market place.
The HMRC memo giving details is attached for you information.This includes:
- The LPG differential with petrol to apply in the Budgets through to and including 2013 has been set. This will cover the period to March 2014
- There is also a commitment that in these Budgets, the duty differential for LPG will be reduced by no more than 1p on a litre of petrol each year.
- There will be an additional increase in fuel duty to take effect on 1st September 2009.
For full details and to view the HMRC memo please click here. |
