Effective July 1, 2022, there will be a tax rate increase. In addition to the new tax rate, Virginia requires a storage tank fee to be imposed on motor fuels sold and delivered or used.
The new tax rates are as follows:
Rates Effective July 1, 2022 to June 30, 2023
Gasoline: 28.0 cents
Diesel: 27.0 cents
Blended Fuels (Gasoline): 28.0 cents
Blended Fuels (Diesel): 28.9 cents
Alternative Fuels: 28.0 cents per gasoline gallon equivalent (GGE)
Storage Tank Fee: 0.6 cents per gallon