Sunday, November 3, 2024

Norway will make petrol cheaper with a higher tax

It sounds like something that will have the opposite effect. But with higher taxes, the Norwegian government will make petrol cheaper.

They are not going to ban new petrol and diesel cars from 1 January 2025. But Norway's government wants to make petrol cheaper with higher taxes.

It sounds like something that will have the opposite effect. But that is not the case if you ask the Norwegian government.

This is written by the news agency NTB.

In concrete terms, the calculation is such that the government will raise the CO2 tax on petrol by 53 ore. At the same time, the road tax on petrol is lowered by 46 ore. In total, this will be an increase of 7 ore. All in Norwegian kroner. Therefore, the increase corresponds to 0.44 Danish kroner.

In addition, the Norwegian government will slightly cut another one of the taxes that motorists pay for just owning a car. The government proposes that the so-called insurance tax on cars and vans be reduced by the equivalent of NOK 445 per year. That is, as per car.

READ ALSO: Jeremy Clarkson reveals 14-year-old secret

Also for cars that run on biodiesel, Norway plans to cut the taxes a bit. Here the tax per liters fall by 33 ore. On the other hand, biodiesel is already exempt from paying CO2 tax.

At home, the calculation is just the other way around. Even though the government has proposed to compensate future tax increases on, among other things, diesel by lowering the so-called equalization tax. Read more about it here.

In Denmark, there is no prospect of anything getting cheaper when it comes to cars. Even the electric cars, which are largely exempt from the 100-year-old registration tax, have to be artificially raised in price over time, because the tax increases from year to year.

However, the prospect of tax increases has attracted several organisations, including the car importers' interest organization Mobility Denmark – to shout about a fear that the Danes are losing interest in electric cars.

Something that has already happened in several places abroad. However, we don't have to go any further than Germany to find a new car market for electric cars that has completely collapsed. Most recently, the figures show that it has generally gone back over 40 percent for electric cars in Europe.

Read more exciting news from and about the world of cars right here!

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