- Spain has reduced VAT on electricity from 21% to 10%, the EU minimum.
- The special tax on electricity has been cut from 5% to 0.5%.
- The 7% tax on electricity production is temporarily suspended.
- Similar tax reductions apply to gasoline, diesel, and hydrocarbons.
- The new rates are effective from March 21, 2026, to June 30, 2026, for most households, SMEs, and self-employed workers.
Source: fiscal-requirements.com
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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