Massive hike on fuel oil takes affect on September 1

Finance Minister, Zyta Gilowska, wants to raise excise tax from zł.232 for 1,000 liters to zł.1,048, which would mean that the tax on fuel oil would be equal to the one on diesel fuel. The hike is to take place on September 1 and it will raise the price of fuel oil by zł.1 per liter. Zyta Gilowska argues that the change is necessary because of the widespread practice of using fuel oil as vehicle fuel, which, in turn, incurs losses to the budget. However, in the justification of the exercise hike, the Ministry acknowledged that there are no statistics confirming the scale of the expected results. (Puls Biznesu, p. 6) A.M.