Government estimates fuel tax surplus at 270 million euros in March

Public Accounts Minister David Amiel revealed a preliminary estimate of the tax revenue surplus from rising fuel prices, totaling around 270 million euros for March. The statement aims to counter opposition claims that the state is profiting from the crisis. Details include 120 million euros from VAT and 150 million from excise duties.

David Amiel, Public Accounts Minister, spoke on France Info on Friday to address the controversy fueled by the opposition, particularly the Rassemblement national. They accuse the state of profiting from surging fuel prices. He took care to describe his figures as “first estimates,” not yet finalized and unusual to disclose publicly.

He stated the total surplus for March stands around 270 million euros compared to March 2025. VAT on fuels accounts for an additional 120 million euros. Excise duties, based on sales volumes rather than prices, provide a temporary boost of about 150 million euros.

This government rebuttal also highlights the crisis's costs to the state, though specific details were not given in the interview. Amiel thereby argues the state is not enriching itself at drivers’ expense.

Relaterede artikler

French minister announces €70M aid to transport, fishing, and farming sectors amid fuel crisis; collage of affected workers.
Billede genereret af AI

Government allocates 70 million euros to sectors hit by fuel price surge

Rapporteret af AI Billede genereret af AI

The French government announced a 70 million euro support plan on Friday evening for road transporters, fishermen, and farmers hit by energy price hikes from the Middle East conflict. Valid for April and renewable monthly, it provides targeted sectoral aid without worsening the public deficit. Sector reactions are mixed.

A leaked government working document, revealed by Franceinfo, indicates a rise in gross fuel margins since the start of the Middle East war. Margins have reportedly gone from an average of 30 euro cents per liter early this year to over 50 cents for diesel in some stations. Bercy disputes the document's origin and the accuracy of the figures.

Rapporteret af AI

Economy Minister Roland Lescure detailed conditions for a new government aid targeting nearly 3 million modest high-mileage drivers affected by soaring fuel prices. The measure, averaging 20 euro cents per liter, will be available from May via an online platform on impots.gouv.fr.

Spain's Ministry of Transport has agreed with the National Road Transport Committee (CNTC) to modify the road freight price review formula, raising fuel's weight from 30% to 40% currently. The measure addresses the crisis from the Iran conflict since February 28 and adds to existing aids. The new royal decree-law will go to the Council of Ministers tomorrow.

Rapporteret af AI

Germany's SPD is pushing for a national excess profits tax on mineral oil companies to fund a fuel discount, even without EU agreement. The move has reignited tensions with coalition partner CDU. Finance Minister Lars Klingbeil plans to address energy taxes on Friday.

German Finance Minister Lars Klingbeil, together with counterparts from Austria, Italy, Portugal and Spain, has called on the EU Commission to swiftly develop an EU-wide tax on excessive profits by energy companies. In a joint letter, they reference the 2022 solidarity contribution introduced during the energy crisis following Russia's invasion of Ukraine, proposing a similar instrument amid current market distortions from the Iran war.

Rapporteret af AI

Prime Minister Sébastien Lecornu announced on Thursday 21 May reinforced support for households and sectors hit by surging oil prices. The measures stay targeted and temporary, without a return to broad public spending.

 

 

 

Dette websted bruger cookies

Vi bruger cookies til analyse for at forbedre vores side. Læs vores privatlivspolitik for mere information.
Afvis