The tax is intended to reduce harmful greenhouse gas emissions and has been levied since October 2022. It is currently 45 euros per ton and will rise to 55 euros at the turn of the year, as required by law, an increase of around 20 percent.
The increase in the CO2 tax results in a net surcharge of 13.8 cents per liter of diesel, which is 2.5 cents more. The ÖAMTC calculated that petrol will be 12.5 cents per liter in the future, an increase of 2.3 cents compared to currently. He reminded that VAT will also be added to the increase.
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To compensate for this, the climate bonus is increased; the amount is staggered regionally. This year between 145 and 290 euros per person were/will be paid out. Since the economic data and budget figures for Austria have deteriorated significantly in recent weeks, the climate bonus is currently under political discussion. Climate Protection Minister Leonore Gewessler (Greens) recently defended the bonus against criticism from economists.
Agricultural diesel represents a special form of fuel taxation. There is a tax refund for farmers, which amounts to seven cents per liter. Its extension until the end of 2025 was decided by the ÖVP, Greens and FPÖ in the National Council, Neos and SPÖ voted against it.
There was a moderate increase in fuel prices in October. The average price for diesel was 1,513 euros per liter and for gasoline 1,501 euros. Compared to September, this corresponds to an increase of almost two cents for diesel and 1.5 cents for gasoline, according to the ÖAMTC.
ePaper
The article discusses several important updates regarding fuel taxation, particularly focusing on the increase in the CO2 tax in Austria, which is set to rise to 55 euros at the start of the year, representing a 20 percent increase. This adjustment leads to higher costs for consumers, with diesel expected to see an additional net surcharge of 13.8 cents per liter and petrol an increase of 12.5 cents per liter. It is also noted that VAT will be applied to these increases.
The ÖAMTC, a prominent mobility organization in Austria, has calculated these surcharges, highlighting the financial impact on consumers due to the new tax and the previous rise in fuel prices observed in October.
To mitigate the financial burden of these changes, the Austrian government is proposing an increase in the climate bonus, which has been a topic of political debate due to recent economic downturns. Currently, the climate bonus ranges from 145 to 290 euros per person, though its future is under discussion.
Furthermore, the article mentions a particular provision regarding agricultural diesel, which allows for a tax refund for farmers, currently set at seven cents per liter, with an extension of this refund until the end of 2025.
the article highlights the government’s shifting approach to fuel taxation and climate incentives as it seeks to balance environmental goals with economic realities.
