HMRC Updates Excise Duty Rates for Hydrocarbon Oils and Alternative Fuels

HMRC has published current guidance on excise duty rates applicable to light oils, heavy oils, biofuels and road fuel gases. The guidance sets out the duty payable on different fuel categories and any eligible allowances that may apply. Businesses handling these fuel types should refer to this guidance to ensure correct duty calculation and compliance with current rates.

Source: HMRC (GOV.UK) – Read the original