Submitted by David Collings on Tuesday 8th March 2022
Published on Monday 14th March 2022
Current status: Closed
Closed: Wednesday 28th September 2022
Signatures: 34
Delay rebated fuel duty changes on Red Diesel until supply and pricing is stable
Delay rebated fuel duty changes until supply and pricing stabilises. The economic sanctions taken against Russia and the war in Ukraine are creating a perfect storm within the fuel supply market.
All Fuels have risen dramatically in recent weeks and is already putting financial strain on business
Businesses are expected to stomach a large duty and VAT increase from rebated to non-rebated fuels from the 1st of April.
Economic sanctions taken against Russia and the war in Ukraine are creating a perfect storm within the fuel supply market. Businesses were already under pressure to absorb large Duty and VAT increases on moving to non-rebated fuels, however prices have dramatically increased as of recent, a further large increase would be detrimental to business and mean many shut down.
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