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24/04/09
Budget - Government extends commitment on LPG to 5 years

In the Budget, Chancellor Alistair Darling signalled increased support for the LPG autogas industry by extending the commitment on the level of fuel duty when compared to petrol from three years to five years.

During this period the fuel duty differential with petrol will reduce by a maximum of 1p per litre per year which means that the price of LPG at the pumps is expected to remain around half that of petrol.

Mike Chapman, Autogas Manager of UKLPG said "This is really good news for motorists thinking of converting to LPG, as by extending the period during which they are assured of savings to 5 years, it makes a worthwhile investment, even in these difficult economic times"

Furher information is contained in the HMRC memo available from UKLPG

Source: UKLPG