The butane cylinder will not lower its VAT from 21% in 2023: this will be its price

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The Government of Spain confirms that rules out lowering the VAT on the butane cylinder and propane for 2023, and trusts the fixed price cap. It should be remembered that the Executive of Pedro Sánchez froze its cost to 19.95 euros until the end of this year for the 12.5-kilogram butane cylinder, as a measure to protect consumers and mitigate the effects of the soaring inflation rate, which moderated by 9% in September. This resounding statement has been collected by Europa Press in a response registered in the Congress of Deputies.

The Government explains that it is a European directive that provides that Member States may apply a maximum of two reduced rates, not less than 5% and will apply only to deliveries of goods and provision of expressly related services. Therefore, the Ministry for the Ecological Transition and the Demographic Challenge, led by Minister Teresa Ribera, rules out the drop from 21% to 5%in accordance with the reduction approved a little over a week ago for gas, and trusts that the fixed price of Royal Decree-Law 11/2022urgently approved on June 25, in which he highlighted the freezing of liquefied petroleum gases in containers from 8 Kg to 22 Kg.

Precisely in this sense, it is important to know that the Russian invasion of Ukraine has resulted in in January 2022 the historical maximum will be exceeded when paying for a bottle of butane, which reached its peak, set at 17.50 euros, between the years of 2013 and 2014. And it is that the fluctuations during the last years have been varying. For example, in 2008, it cost 14.10 euros, while in 2009 it dropped to 10.50 euros. However, only a year later, in 2010, it rose to 11.06 euros. However, its cost could rise again in 2023until reaching 21 euros.

How is the price of the butane cylinder calculated?

The determination of the maximum sale price, It is done every two months automatically., thanks to a mathematical formula. Of course, the rise or fall of what the end customer will pay, will be limited to 5% in relation to the previous two-month period, and the variation in excess of this 5%, is pending application for the following two-month period. That is, in case a raise is applied, will reach 20.95 euros from January 1 or, what is the same, almost one euro more than just a month before.

How much is a butane cylinder worth in 2022?

On July 18, 2022, the Official State Gazette, known by its acronym as BOEupdated the system by which new sales prices are publishedbefore taxes, of bottled liquefied petroleum gases, equal to or greater than 8 kilograms, and less than 8 kilograms.

  • Regulated 12.5 kg: €19.55.
  • Light Repsol of 12 kg: 23.50 euros.
  • Cepsa of 12.5 kg: 26.27 euros.
  • Disa of 11 kg: 20.65 euros.
  • Repsol K6 of 6 kg: 23.50 euros.
  • Disa Nu-b of 6 kg: 16.85 euros.

Source: lainformacion.com

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