How much tax does the UK government get from petrol?
How much tax does the UK government get from petrol? They represent a significant source of revenue for government. In 2019-20 fuel duty raised £28 billion. That represented 3.3 per cent of all receipts and was equivalent to £1,000 per household and 1.2 per cent of national income. How much tax is on a litre of petrol? Taxation as percentage of pump price Fuel duty is currently levied at a flat rate of 57.95p per litre for both petrol and diesel, while VAT at 20% is then charged on both the product price and the duty. How much of fuel...