Expensive Fuel "Cuts" Revenue From the VAT - 230 Million Euros Shortfall Compared to the Target in the Eight Months - iefimerida.gr

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A different picture from that recorded in VAT revenues is presented by the receipts from the Special Consumption Taxes (EFK), as the surge in fuel costs now seems to affect demand. The prices that have been set at the pump, combined with the increased burdens on households and businesses, limit travel and fuel consumption, resulting in a shortfall in tax revenues. The picture in the market is indicative of the pressure that consumers are under…

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The revenues from the Special Consumption Tax for the first eight months of 2026 have decreased, which indicates that citizens have limited their movements and while new upward price increases in gasoline and diesel are expected from Tuesday (29/9). Specifically, in the eight months of 2026, according to data from the Ministry of National Economy ... More www.ertnews.gr

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Prices above 2 euros per liter are starting to leave a mark on tax revenues, with the VAT falling short of the target, while accuracy works in reverse for VAT collections.

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The receipts from Special Consumption Taxes (SCT) are sending out a danger signal, as the energy crisis and the wave of price increases in the market seem to be limiting fuel consumption and putting a brake on household travel.