The government has halved the fuel excise on petrol and diesel for three months, reducing the cost of fuel by 26.3 cents per litre.

**In short: **

The government has halved the fuel excise, reducing the cost of petrol and diesel by 26.3 cents a litre for three months.

The heavy road user charge will also be reduced to zero for the same period, taking pressure off truck drivers and transport costs.

  • Hirom@beehaw.orgEnglish
    2·
    4 hours ago

    EU member states took different approches: targeted tax cuts for truck drivers, or targeted 100 EUR subsidy for lower income households to spend on energy (fuel or electricity), or general energy tax cut for both fuel and electricity.

    The idea being to either subsidize fuels for folks who must use fuel. Or subsizie energy in general so that both fuel and electricity gets cheaper, so that polluting energy sources doesn’t get more tax cut than electricity.