FUELS: Increase in the Petroleum or Engine Fuel Monitoring Levy (PEFML) on 1 July 2016
12.00am 20 May 2016
The PEFML levy will increase on 1 July 2016 to 0.2 cents per litre (up from the existing rate of 0.045 cents per litre).
The levy applies to petroleum or engine fuel that is specified in the Excise and Excise-equivalent Duties Table as a type of:
- motor spirit
- diesel
- biodiesel
- ethyl alcohol (under the heading Fuels in Part A or B of the Table).
A revised list, updated 1 May 2016, of the tariff items and excise items that are subject to the levy is attached here.
The legislation that provides for the new rate is the Energy (Petroleum or Engine Fuel Monitoring Levy) Regulations 2015.
Fuel removed from a licensed manufacturing area or imported after midnight on 30 June 2016 will be subject to the new rate.
If you need further information, please contact Customs on
- 0800 428 786 (0800 4 CUSTOMS).