VATupdate

Share this post on

Further temporary reduction in tax on petrol and diesel

  • Sweden has already reduced the tax on petrol and diesel to the EU’s minimum level from May 1 to September 30, 2026, and is further proposing a reduction of SEK 2.40 per litre on carbon dioxide tax for petrol and diesel from July 1 to November 30, 2026.
  • These proposed tax cuts are intended to mitigate the impact of increased fuel prices, explicitly linked to the ongoing conflict in Iran, and include consequential changes for tax reductions on agricultural diesel consumed from July 1 to December 31, 2026.
  • Implementation of these tax reductions is contingent upon Sweden obtaining approval from the Council of the European Union, as required by the Energy Taxation Directive (2003/96/EC), with legislative amendments slated to take effect on July 1, October 1, and December 1, 2026.

Source Regeringen.se



Sponsors:

VAT IT

Advertisements:

  • RTC