Up to 660 euros discount on energy bill due to VAT reduction

The liberals are also dissolving their opposition to a VAT reduction on energy. If the government reduces the VAT on gas and electricity from 21 to 6 percent, the average family will see the annual bill decrease by about 508 to 664 euros. Although there is also an option to leave the VAT on gas at 21 percent. Higher excise duties should eventually replace the lost VAT revenue for the government.

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