Federal Government reaches agreement on excise duty on energy, VAT to remain a 6% | VRT NWS: news

Belgium’s Federal Cabinet has reached an agreement on reforms to the way in which energy bills are taxed. What had hitherto been a temporary reduction in the rate of VAT from 21% to 6% will become permanent. In order to compensate for the loss income to the exchequer excise duty will be levied on gas and electricity. The extension of the cheaper “social tariff” for energy to cover the income group just above those in the lowest income bracket will be gradually repealed. The social tariff was ext