Spain’s government plans to cut gas VAT from 21 to 5 percent from October

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The President of the Government of Spain has indicated that this will happen from October to 31 December. However, he has put forward that the government is open to an extension over the next year, depending on the situation.

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The President of the Spanish government, Pedro Sánchez, announced this Thursday that they will reduce the VAT on gas from 21% to 5% from October to the end of the year, although they are open to an extension until 2023 “while this situation lasts so hard”.

In an interview on Cadena Ser, Sánchez said that they have already cut taxes on electricity by 80%, but that they can do “much more” and therefore they have proposed the reduction of VAT on gas “in line with economic policy.” that we are being deployed at the beginning of the energy crisis”.

The PP has repeatedly asked the government for this VAT reduction on gas, in line with the electricity tax already applied, and announced that this was one of the proposals it would formulate next Tuesday when Sánchez appears in the Senate in order to explain provide energy-saving measures.

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Source: EITB

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