For the 2nd consecutive year the planned increased in alcohol duties have been cancelled, and for the 11th consecutive year the planned increase in fuel duties have also been cancelled.
The Chancellor has today announced that the duties levied on all alcohol and fuel will be frozen in 2021-22.
Vehicle Excise Duty will however see an update in line with the Retail Price Index from 01/04/2021. The uprate will affect the owners of cars, vans and motorcycles.
It was announced in the Budget 2020 that the entitlement to red diesel and rebated biofuels would be removed from April 2022, with the exception of use within the agricultural sector (including fish farming, forestry and horticulture), for rail vehicles and non-commercial heating. It is now expected that there will be further exceptions to the red diesel ban including the use of red diesel to power commercial vessels, for travelling funfairs and circuses, amateur sports clubs (including golf clubs) and non-commercial power generation.
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