National Assembly passes law reducing VAT on energy

Ljubljana – The National Assembly unanimously passed on Tuesday changes to the VAT act reducing VAT on electricity, gas, biomass and remote heating from 22% to 9.5% between 1 September 2022 and 31 May 2023. The changes come as part of efforts to mitigate the cost of living crisis with Finance Ministry State Secretary Tilen Božič telling MPs that the VAT cut will only fulfil its purpose if prices are regulated as well. Initially, this was not incorporated in the changes, and the senior coalition Freedom Movement filed an amendment…

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