Scope of the duty

Historically, excise duties were charged on hydrocarbon oils, but times have changed and new forms of energy are now on the market. There is a European framework for this and generically, the products are referred to as ‘energy products’. These include biofuels and electricity. In the UK, the law in the Hydrocarbon Oils Duties Act 1979, still taxes oils and biofuels, but the tax on electricity is climate change levy (CCL) (see ¶76-000). Carbon floor pricing was been incorporated into CCL in 2013.

All hydrocarbon oil is liable to excise duty at a full or rebated (i.e. reduced – which can be reduced down to zero) rate.

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