Name: Germany to cut VAT on gas to 7% to help consumers, says Scholz / 32GP8WK
Uploaded: 2022-08-18
Channel: AFP
Description: Chancellor Olaf Scholz says that Germany will "temporarily" slash the sales tax on gas to help consumers amid a crunch in Russian energy supplies. Scholz says the move to cut the VAT on gas to seven percent from 19 percent currently is intended to offset an energy surcharge in the wake of the Ukraine war expected to cost households hundreds of euros. SOUNDBITE of German Chancellor Olaf Scholz

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Germany to cut VAT on gas to 7% to help consumers, says Scholz / 32GP8WK

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Description

Chancellor Olaf Scholz says that Germany will "temporarily" slash the sales tax on gas to help consumers amid a crunch in Russian energy supplies. Scholz says the move to cut the VAT on gas to seven percent from 19 percent currently is intended to offset an energy surcharge in the wake of the Ukraine war expected to cost households hundreds of euros. SOUNDBITE of German Chancellor Olaf Scholz

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Germany Ukraine Olaf Scholz #JTA58 : German Chancellor Olaf Scholz to give a press statement on the gas levy

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