Our Anti-Inflation Shield is to protect Poles against inflation, which has many causes, and its sources are mainly abroad, wrote Prime Minister Mateusz Morawiecki.
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On Thursday, the Sejm referred the government finance committee to further work billforward-looking lowering the excise tax on fuels and electricity as part of the government’s anti-inflationary shield. The draft amendment to the Excise Tax Act and the Retail Sales Tax Act is an element of the government’s anti-inflationary shield, which will also include changes in VAT rates for electricity, gas and system heat.
“Our #TarczaAntyinflacyjna is to protect Poles against inflation, which has many causes, and its sources are mainly abroad,” the head of the government wrote on Facebook.
The entry was accompanied by a graphic, which shows that the energy policy and Russia’s gas blackmail, the green deal and the reconstruction fund within the EU and COVID-19 triggered the crisis and rising energy prices, which in turn caused an increase in inflation. The graphic also shows the government’s actions under the Anti-Inflation Shield: “tax cuts on energy, fuel and VAT“, And also -” abolition of excise duty “,” protective allowance “,” cost-effective administration “,” reduction of budgetary expenses “.
# tax reduction
# reduction in excise duty
# reduction in VAT