- The reduced VAT rate on gas was supposed to expire at the end of February 2024.
- The delay in passing the Wachstumschancengesetz could result in the reduced VAT rate on gas being extended until March 31, 2024.
- The temporary reduction in VAT rate on gas was implemented to alleviate the increased energy costs due to the Ukraine conflict.
- The Wachstumschancengesetz proposed ending the VAT reduction in February, citing decreased energy prices.
- The Wachstumschancengesetz has been referred to the mediation committee by the Bundesrat.
- The mediation committee will discuss the Wachstumschancengesetz on February 21, 2024.
- The regular Bundesrat session will not be until March 22, 2024, unless a special session is called.
- The SPD believes that the reduced VAT rate will remain in effect until the end of March due to the lack of timely legislation.
- If the reduced VAT rate is maintained until March 31, 2024, it would benefit consumers and billers.
- The uncertainty surrounding energy cost relief policies creates confusion and insecurity.
- The original expiration date for energy price controls was December 31, 2023.
Source: nwb-experten-blog.de
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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