What's in the price per litre?

The price of petrol and diesel also includes duty at 56.55ppl (2020 rate) and 58.42ppl (super unleaded) as well as GST of 5%.

 

So for example, if the forecourt price of unleaded petrol is £1.05 per litre the GST element is 5p, the duty is 56.55p and the retail price is 45.45p.

 

For heating oil, if the price is 50p per litre, GST is 2.4p and therefore the price of the product is 47.6p per litre.  

 

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