In order to keep fuel prices down, the federal government wants to temporarily lower taxes. How does that work? Will it reach the consumer? And how much does the state earn from fuel?
The reduction in fuel taxes planned by the federal government has the potential to push petrol well below 2 euros per liter and diesel close to this threshold.
However, this only applies if the effect is passed on to the consumer in full. Even after that, money continues to flow to the state. An overview.
How much will taxes go down?
The reduction in the minimum tax announced on Thursday means a discount of around 14 cents per liter for the mineral oil tax on diesel and for the energy tax of almost 30 cents on petrol. In addition, no VAT is due for these sums. As a result, the tax deduction is a good 35 cents for petrol and just under 17 cents for diesel.
What does that mean at the pump?
It is not said that this deduction will reach the driver in the same way. On the one hand, the ADAC regularly emphasizes that fuel prices overall are still far too high. Purely based on the price of oil and without special effects from the Ukraine war, E10 premium petrol should actually be less than 2 euros now, says ADAC fuel expert Jürgen Albrecht. Recently, fuel prices – especially diesel – have decoupled from the development of oil prices. Overall, there is room for further price reductions.
On the other hand, there is a fear among experts that government measures to reduce prices will inhibit the competitive pressure on the corporations. Then the tax cut could only arrive in part. However, the government has announced that it will keep an eye on this issue.
What could fuel prices look like in concrete terms?
In addition to the factors described, this also depends on the general development. But if you calculate – as an example – with a complete transfer of the tax reduction and the nationwide daily average prices on Wednesday, the theoretical fuel price would be 2.009 euros per liter of diesel and 1.73 for Super E10.
How much of the state is still in the fuel price after the tax cut?
There are still three state components. After the reduction, the mineral oil tax for diesel is 33 cents per liter, the energy tax for petrol is just under 36 cents. Added to this is VAT: In the theoretical price example, it would be just under 32 cents for diesel and around 28 cents for petrol. The third factor is the CO2 price: According to the Fuels & Energy trade association, it accounts for around 8 cents for diesel and around 7.2 cents for petrol – how much exactly depends on the proportion of biofuel. Overall, the state share for diesel is around 73 cents per liter and for petrol just under 71 cents.
Source: Stern
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
