Budget 2016: Fuel duty changes – aqua-methanol

This is a new fuel to be used in any engine motor or other machinery.

A reduced rate of fuel duty, set at 7.90 pence per litre, will apply to aqua-methanol with effect from 1 October 2016.

The reduced duty rate is intended to incentivise the uptake of aqua-methanol as a greener cleaner fuel alternative to petrol and diesel.