In 2024, the forecasted tax expenditure on natural gas in the UK is stable at 0.19% of GDP, as was in 2023. The projection remains constant through 2025 before declining to 0.18% in 2026 and 2027, and further to 0.17% by 2028. This indicates a gradual decrease in fiscal allocation towards natural gas over the forecast period, with a compound annual growth rate revealing a steady reduction.

Future trends to watch for:

Policies promoting renewable energy could further reduce tax expenditure on natural gas.
Potential economic fluctuations impacting GDP and energy markets may influence future budgets.
Technological advancements in energy efficiency may accelerate this decreasing trend.