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Fuel duty to drop by 5p a litre

Government has announced a cut in fuel duty, following an announcement from the UK's Chancellor yesterday.

It will see a 5p reduction per litre over the next 12 months.

The new measures are already in force - having been implemented at 6pm last night.

Officials have also shared the Island will  follow the UK in reducing the VAT rate on energy-saving materials and heating equipment from 5% to 0%, from April 2022.

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