Cyprus: Excise tax on certain fuels reduced
Reductions in the excise tax on motor fuel and on heating oil
Reductions in the excise tax on motor fuel and on heating oil
The plenary session of the Parliament unanimously approved the following reductions in the excise tax on motor fuel effective 3 November 2023 until 3 March 2024, and on heating oil effective 15 November 2023 until 31 March 2024:
- 8.33 cents per litre in excise tax on unleaded petrol and diesel
- 6.39 cents per litre in excise tax on heating oil
Read a November 2023 report prepared by the KPMG member firm in Cyprus
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