Excise duty, VAT or margins? The government is looking for a way to stop the increase in fuel prices

During Tuesday's meeting of the Council of Ministers, scenarios related to fuel prices in Poland were discussed, and possible decisions on this matter will be made in the coming days, depending on the course of the conflict in the Middle East, said government spokesman Adam Szłapka at a press conference.

“During the meeting of the Council of Ministers, (…) scenarios related to fuel prices were also discussed. These scenarios are analyzed very precisely. Depending on how the situation on the fuel markets will develop, because it is obviously very variable, we can see how the prices of a barrel of crude oil on world markets are changing. We also do not know what the next decisions will be related to the ongoing war in Iran, after these detailed analyses, the ministers will make appropriate decisions in the coming days,” Szłapka said.

At the same time, in London, the Minister of Finance and Economy, Andrzej Domański, announced that the government is not currently working on the introduction of a windfall tax due to rising fuel prices.

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The Minister of State Assets, Wojciech Balczun, informed on Monday that the government was analyzing the issues of excise tax and VAT regarding fuel prices and was also discussing the Act on excessive profits.

From March 12, Orlen introduced a promotion for gasoline and diesel oil and reduced the margin on diesel from 25 groszy to “almost zero”, which is intended to limit the effects of a sharp increase in global fuel prices caused by military operations in the Persian Gulf and the blocking of the Strait of Hormuz. (PAP Business)

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