During New Year’s Eve, the champagne corks fly around. Especially at the Ministry of Finance. As of January 1, 2024, the cabinet will significantly increase the excise duty on fuel and that will cost you a tenner on a full tank. Ka-ching!
Feel free to take out a loan before you fill up the fuel tank of your car in the new year, because petrol and diesel will become much more expensive than now. First of all, the excise duty cut that was introduced last spring to compensate for rising energy prices will come to an end. Then you are talking about an excise duty increase of 8.7 euro cents for a liter of petrol. A liter of diesel will be 5.6 cents more expensive.
But it doesn’t stop there. Due to the annual correction for inflation, the cabinet intends to raise fuel excise duties further, namely by 9.9 percent. A liter of Euro 95 will then simply cost 21 cents more than now, you can read rtlnieuws.nl. Because 21 percent VAT is also charged on the excise duties. That equates to an average liter price of 2.27. Those who refuel along the highway will even pay 2.45. Those who drive diesel will pay about 13.5 cents more per litre. This increases the average price towards 2.00 euros, to 2.11 euros at gas stations along the highways.
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This means that a full tank of fuel will become considerably more expensive. You pay more than ten euros more on a 50-liter petrol tank than is currently the case. And the Netherlands is already not the cheapest boy in the class.
It was no secret that excise duties on fuel would go up. But how much exactly was not yet known. Until member of parliament Pieter Omtzigt decided to ask questions about this. He recently tweeted the shocking answers on platform X, the former Twitter, which is owned by Tesla boss Elon Musk.
Glimmer of hope
There is a glimmer of hope on the horizon because the outgoing cabinet can still decide otherwise. This can be done, for example, when compiling next year’s budget. But the money has to come from somewhere, so for now we fear the worst.
Then all together on the electric car? Well no. Because electric driving is also threatening to become considerably more expensive due to … the cabinet: