Finance Act 2008

15 Rates and rebates: increase from 1 October 2008

(1) HODA 1979 is amended as follows.

(2) In section 6(1A) (main rates)—

(a) in paragraph (a) (unleaded petrol), for “£0.5035” substitute “£0.5235”,

(b) in paragraph (b) (light oil other than unleaded petrol), for “£0.6007” substitute “£0.6207”, and

(c) in paragraph (c), (heavy oil), for “£0.5035” substitute “£0.5235”.

(3) In section 6AA(3) (rate of duty on biodiesel), for “£0.3035” substitute “£0.3235”.

(4) In section 6AD(3) (rate of duty on bioethanol), for “£0.3035” substitute “£0.3235”.

(5) In section 8(3) (road fuel gas)—

(a) in paragraph (a) (natural road fuel gas), for “£0.1370” substitute “£0.1660”, and

(b) in paragraph (b) (other road fuel gas), for “£0.1649” substitute “£0.2077”.

(6) In section 11(1) (rebate on heavy oil)—

(a) in paragraph (a) (fuel oil), for “£0.0929” substitute “£0.0966”, and

(b) in paragraph (b) (gas oil), for “£0.0969” substitute “£0.1007”.

(7) In section 14(1) (rebate on light oil for use as furnace fuel), for “£0.0929” substitute “£0.0966”.

(8) In section 14A(2) (rebate on certain biodiesel), for “£0.0969” substitute “£0.1007”.

(9) The amendments made by this section come into force on 1 October 2008.