Temporarily reduced VAT rate for energy
To mitigate the consequences of the high energy bill for consumers, the government has taken additional VAT purchasing power measures before 2022. On the supply of natural gas via the natural gas system, on the supply of district heating via a heat network and The reduced VAT rate of 9% will be temporarily applied to the supply of electricity via the electricity grid from 1 July 2022 to 31 December 2022.
Temporary reduction in fuel excise duty
In order to dampen the sharp rise in fuel prices, the cabinet has temporarily reduced the excise duty on petrol, diesel and LPG by 21% as of 1 April 2022. In the Caribbean Netherlands, the excise tax on petrol has been reduced by 16 cents per liter. Like the temporary VAT reduction on energy, these measures will apply until 31 December 2022.
Source Deloitte
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