VAT on energy to remain at 6% permanently | VRT NWS: news

The Federal Inner Cabinet has agreed that what was a temporary reduction in the level of VAT levied on gas and electricity is to become permanent. The reduction in the level of VAT on gas and electricity was introduced earlier this year as a way of helping households cope with the spiraling cost of energy. Now the Federal Government has decided that it should become permanent. However, from next April excise duty will be levied on electricity and gas if their price falls bellow a certain level.