Supplementary fiscal purchasing power measures Act 2022

Last updated: 5 December 2022

Act of 1 July 2022 amending some tax laws (Supplementary fiscal purchasing power measures Act 2022) as promulgated in Official Gazette 2022, 286. On 23 March 2023, the Dutch government announced the following measures to contain rising energy prices:

  • Raising the one-off energy allowance (energietoeslag) for people on incomes around the level of social assistance benefit to EUR 800.
  • Lowering the rate of value-added tax (VAT) on energy from 21% to 9%. The reduced rate on electricity and gas will apply from 1 July through 31 December 2022.
  • Excise duties on unleaded light oil (petrol), gas oil (diesel) and liquefied petroleum gas (LPG) will temporarily be reduced by 21% with retroactive effect to 1 April 2022 until 31 December 2022.
  • Finally, the government is bringing forward spending of EUR 150 million, originally earmarked for 2026, to help low-income households take energy-saving measures.

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