Definition of «fuel duty rise»

The term "fuel duty rise" refers to an increase in taxes on fuel, typically applied at the pump. This means that when there is a fuel duty rise, drivers will have to pay more for their gasoline or diesel, resulting in higher costs of transportation and potentially affecting prices of other goods as well due to increased delivery costs.

Sentences with «fuel duty rise»

  • The increase in investment and higher spending will generate enough extra VAT and income tax receipts to make up most of the losses from expected fuel duty rises. (theguardian.com)
  • George Osborne is planning to freeze the planned fuel duty rise in his autumn statement, after coming under pressure from his backbenchers and receiving support from key Liberal Democrat colleagues. (theguardian.com)
  • The National Insurance Contributions (NICs) cut goes beyond what we were asking for and we are pleased to see the 3p fuel duty rise due in September completely scrapped. (politics.co.uk)
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