In today’s budget, the Government announced a decision to maintain tax relief on fuel – a measure that has been in place since last year to counteract the rising fuel prices and the spiralling cost of living.
This decision avoids adding 12p to the price of fuel, meaning that motorists would be paying over 160p for petrol, and over 190p for diesel.
Nick Zapolski, founder of used car buying service ChooseMyCar.com, said the move to maintain duty is a welcome decision for UK drivers – especially the poorest in society.
“We welcome the Government’s decision to maintain the fuel duty relief for the next few months at least. It’s definitely the right move for UK drivers.
“Every penny counts right now and fuel duty relief saves roughly £186 a year running the average car”.
“We commissioned extensive research last year which showed that the high cost of fuel was causing serious issues for many people who were already struggling with the cost of living increases. Some even admitted that these costs were forcing them to borrow money from family, friends, or even banks – getting themselves into debt, just to run their cars!
“The move to maintain the fuel duty relief will really benefit the tens of thousands of ordinary people, especially tradespeople who rely on their vehicles to work. It’s also great news for all those people who are commuting to work after a prolonged period of working from home has ended.”