BASQUE COUNTRY AND NAVARRE: Get to know the VAT reduction in the face of the Middle East crisis
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The VAT on some energy supplies and fuels has been reduced from 21% to 10%.
As you may know, temporarily, the Treasury has reduced the VAT on certain energy products and fuels to alleviate the impact of the Middle East crisis on energy costs. We remind you which ones are:
✓ Supply of electricity for customers with a contracted power of less than 10KW and for recipients of the social electricity bonus who have been recognized as severely vulnerable or severely vulnerable at risk of social exclusion.
✓ Natural gas, briquettes, and pellets from biomass and firewood.
✓ Certain gasoline, diesel, and biofuels intended to be used as fuels.
Please note...
The VAT reduction is applicable from 22-3-2026 until 30-6-2026. However, if in the month of April the variation in the CPI of electricity, gas, or fuels does not exceed by more than 15% the CPI of the same month of the previous year (according to the information published in May by the INE), this measure will no longer apply in June.
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