- Andrzej Domański indicated that a decision on a possible extension of the “Ceny Paliwa Niżej” package should be made in December.
- Under the regulations, reduced VAT and excise duty rates on fuels apply from 3 October to 31 December 2026.
- The minister announced that the costs of reducing VAT and excise duty on fuels are to be financed by a tax on the excess profits of corporations.
A decision on a possible extension of the "Ceny Paliwa Niżej" package is a matter for December, indicated the Minister of Finance and Economy Andrzej Domański. Under the regulations, the reduced VAT rate and excise duty on fuels apply until the end of 2026 r.
"We'll see what happens in the oil market, in the fuel market (...). We will certainly have reduced VAT and reduced excise duty on fuels until the end of the year. And, very importantly, we will finance this from a tax on the excess profits of the largest fuel companies," he told PAP Biznes Domański.
Asked when decisions on a possible extension of the package might be made, Domański said: "I think that's a matter for December".
Lower VAT and excise duty on fuels. When will the government make a decision?
At the beginning of October, regulations were published in the Journal of Laws of the Minister of Finance and Economy on reducing excise duty rates on certain motor fuels and amending the regulation on reduced rates of tax on goods and services.
In accordance with the decision of the Minister of Finance and Economy the VAT rate on petrol, diesel fuel and biocomponents used as standalone fuels, which was reduced from 23 percent to 8 percent, will apply temporarily from 3 October to 31 December 2026
Excise duty on fuels was reduced to the lowest level permitted by the European Union, namely 29 groszy per liter of petrol and 28 groszy per liter of diesel. The reduced excise duty rates on fuels apply temporarily from 3 October to 31 December 2026.
What about fuel prices? The government points to the oil market
The government took similar measures in the spring, shortly after the outbreak of the US-Iran conflict. (PAP Biznes)
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