General price reduction disappears
The tax cut on fuel of 30 cents per liter would be a thing of the past as of November 1, but was extended until mid-November due to the French strikes and subsequent price increases. Now the country is announcing its further plans regarding tax relief for motorists.
Last summer, the price of fuels in France almost fell to €1.50 per litre. Since September 1, a tax reduction of 30 cents per liter, which was initially to last until November 1. Due to the strikes at petrol stations across the country, which limited the fuel supply and thus pushed up prices, the cut has been extended until mid-November. Minister Gabriel Attal, who is responsible for the budget, is now making the further plans known.
He does not want to hear anything more about a longer reduction in fuel taxes. Until the end of the year, the French government will lower the rates by 10 cents per liter, but after that it will be ready and the regular tax rate will apply again. From 2023, only low-income earners who depend on their car to get to and from work will be compensated. It is not yet known exactly how this will work. According to Attal, some 11 million French citizens will be eligible for the scheme, about 16 percent of the population. They will probably be able to report for possible compensation via a specially set up portal.
The Dutch situation
The Netherlands also currently has reduced excise duties at the pump, which will remain in force for the time being. The reduction of 17.3 cents per liter of petrol, 11.1 cents per liter of diesel and 4.1 cents per liter of LPG will remain in place until the middle of next year. That’s great, because the expectation is that fuel prices will remain high for the time being.
– Thanks for information from Autoweek.nl