Excise Duty Reduction Extended
The Fuel Price would Suddenly Skyrocket at the Beginning of Next Year, But It’s Not Going To Be That Bad. The Outgoing Cabinet is Extding The Current Excise Duty Reduction.
In 2022, a Substantial Excise Duty Reduction was introduced to curb the record High Fuel Prices. Part of that Reduction Already Expired in 2023, The Remainder was a supposed to follow this year, but was then monitor for another year. It was then really supposed to be over January 1, 2026, but that deadline is now also being crossed out. That’s what De Telegraaf reports. The Outgoing Cabinet is Extding the Reduction for Another Year.
This Almost Certainly Prevents A Price Increase of More than 25 cents per liter for the time Being. People with a fuel car can breathe a sigh of relief in that regard. Accordance to De Telegraaf , Extding the Reduction Costs 1.6 Billion Euros, and that amount would have caused QUITE A FEW HEADACHES in the Hague. However, Minister Heinen of Finance would now have found a solution. It remains to be so where the bill will end up.