Dutch Cabinet to Lower Excise Tax on Fuel from April 1

The Dutch cabinet will reduce excise duties on fuel from April 1 to absorb increases in energy prices, according to news agency ANP.

• The government will also reduce value-added tax on energy from July 1
• The cabinet allocates EU2.8b for purchasing power recovery; it will provide low-income citizens with up to 800 euros subsidy for energy bills instead of the previously announced 200 euros

To contact the reporter on this story:
Cagan Koc in Amsterdam at ckoc2@bloomberg.net

To contact the editors responsible for this story:
Chad Thomas at cthomas16@bloomberg.net

April Roach

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