The fuel excise duty may not be raised

APA - Austria Presse Agentur
opublikowano: 02-05-2006, 11:19

Warsaw (Puls Biznesu) – In the first three months of this year, the budget collected PLN 5.5 billion (EUR 1.4 billion) more tax revenues than a year earlier.

Warsaw (Puls Biznesu) – In the first three months of this year, the budget collected PLN 5.5 billion (EUR 1.4 billion) more tax revenues than a year earlier.

 

In the first quarter, the budget raised PLN 47 billion from the taxes. This is 24 percent of the amount planned for this year. The same level was reached a year ago but then the planned revenues amounted to PLN 175 billion while this year it should be PLN 20 billion more.

“The budget is realized very well, the revenues are higher than expected. If the trend continues there will be no reason to raise the excise duty for fuel oils and gas. The economy is growing faster than expected in 2005, which makes it easier to meet the plans”, Remigiusz Grudzien, Bank PKO BP analyst commented.

 

It remains unsure whether Zyta Gilowska, the Finance Minister, will agree. The excise duty is to grow in September 2006 and January 2007. According to Marcin Mrowiec, Bank BPH economist, the fuel excise duty depends only to a small extent on current revenues.

“The tax policy of this government will be decisive. But there may be opinions that there is no need due to high revenues”, Marcin Mrowiec said.

(PLN 1 = EUR 0.258)

 

 

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Podpis: APA - Austria Presse Agentur

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