Fuel duty revenue plummets during lockdown

THE CORONAVIRUS lockdown left a gaping £2.4bn hole in the treasury’s income from fuel duty in April and May, compared with the same two months last year. The RAC analysed data from HM Revenue and Customs. It found that the revenue from duty on diesel (which is 57.95p per litre, the same as petrol), was … Continue reading Fuel duty revenue plummets during lockdown