Reduction of excise duty rates for motor spirits extended- return to full rate on 1 July 2023
07.58am 23 February 2023
Update: The Government has announced that the reduced excise and excise-equivalent duty rate on motor spirits will be extended until 30 June 2023, with the full rate returning on 1 July 2023.
The temporary reduction of motor spirits duty started on 15 March 2022 initially for a period of 3 months. It brought the excise and excise-equivalent duty rate on motor spirits down to 45.024 cents per litre. This temporary reduction was extended in June for an additional two-month period until 15 August 2022, in July for a further period until 31 January 2023 and in December until 30 March 2023.
The extension until 30 June 2023 is given effect by the Excise and Excise-equivalent Duties Table (Temporary Reduction of Motor Spirits Duty) Amendment Order 2022 Amendment Order 2023.
The Working Tariff Document and the Excise and Excise-equivalent Duties Table will be amended to reflect these rates.
Published: 23 February 2022