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Fuel VAT could be cut to 9pc after Martin secures EU agreement

written by Staff Writer March 26, 2022
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Hard-pressed consumers have received a welcome boost after the government secured an agreement with the EU which means VAT on fuel could soon be cut to 9pc.

Taoiseach Micheál Martin and his EU counterparts signed off on a measure to help untangle complications with Brussels which had been holding up the prospect of reducing Vat on fuel.

At the end of an EU leaders’ summit in Brussels, Mr Martin said the Government can now engage directly with the policy-guiding Commission to finalise Ireland’s power to act if it is decided further fuel tax cuts are required.

“It’s progress, but I think there’s more work to be done on the details,” Mr Martin told the Irish Independent.

Read the full report here.

 

Fuel VAT could be cut to 9pc after Martin secures EU agreement was last modified: March 26th, 2022 by Staff Writer
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Fuel prices Donegal
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