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Finance Act 2008

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Change 1

What to do with it
As published

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.

Your change, as a redline

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.

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