- Temporary reduction of VAT on gas and electricity will end on March 31, 2024
- VAT will increase back to 19% from April 1, 2024, leading to higher costs for consumers
- The reduction was implemented to alleviate financial burden on households due to rising energy prices caused by the war in Ukraine
- The extension of energy price brakes for electricity, gas, and district heating until March 31, 2024, was not approved
- The increase in VAT is expected to be passed on to consumers by companies, making gas and district heating more expensive for consumers from April 1, 2024
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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