Reduced excise tax rate on energy to officially end on June 30 -Cabinet

The Cabinet on Wednesday decided not to extend the reduced excise tax rate on motor and heating fuels. As of July 1, consumers will pay full taxes for fuel, Finance Minister Makis Keravnos said. However, the Minister noted, the government – through the Electricity Authority of Cyprus – will continue subsidising electricity costs for low-income … Continue reading Reduced excise tax rate on energy to officially end on June 30 -Cabinet