Germans facing higher gas bills – Bloomberg ...News

Economy by : (Russia Today) -
The government will end the tax discount on energy deliveries three months early Berlin is planning to restore a 19% sales tax on gas and heat deliveries from the end of this year, Bloomberg reported on Monday, citing the German government. The move will effectively end the current discount rate three months earlier than planned. The value-added tax on natural gas was cut from 19% to 7% last October to ease the pressure on consumers amid soaring energy costs. The measure was supposed to last until the end of March 2024. According to deputy German government spokesman Wolfgang Buechner, Berlin decided to end the di

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