02.04.22
2022 budget confirms delay to plastic and sugar tax and reduction in gas VAT rate
In the Italian 2022 budget, which has now been approved, Italy has delayed a tax to be applied to both plastic and sugar until 1st January 2023.
In the budget, Italy has also stated that gas for domestic and industrial production is cut to 5% between 1 January and 31 March 2022. This continues the 5% reduced rate that was applied from October 2021 to December 2021.
With inflation a widespread concern across Europe, we can expect other European states to adopt similar measures.
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2022 budget confirms delay to plastic and sugar tax and reduction in gas VAT rate
- VAT/G(S)ST rate information