Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Bandhan Liquid Fund – Regular Plan – Growth | Mutual Fund Performance
    • 27% of Americans Own ETFs but Allocate Just 6%, Here’s Why That Costs Them Retirement Income
    • Small-Cap Funds Rally 20% in April: Stay invested or book profits? Experts weigh in
    • Titanium vs Arthaya Long Short Funds: Which strategy fits your portfolio?
    • 3 Vanguard ETFs Long-Term Investors Should Consider Adding in May
    • New threat to Labour spending plans as UK long-term borrowing costs hit highest level since 1998 | Gilts
    • Operational Challenges of Managing Digital Asset Funds
    • How high can Bitcoin, Ethereum and XRP go?
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Petrol prices set to rise next year as MPs divert funds to buses
    Funds

    Petrol prices set to rise next year as MPs divert funds to buses

    November 27, 2025


    November 27, 2025
    Filling up with E5. Photo: DutchNews.nl

    Petrol is set to become more expensive from January 1, after MPs backed a proposal to raise excise duties by a narrow majority. The tax on a litre of petrol will increase by 5.6 cents, with diesel up 3.6 cents and LPG by 1.3 cents, if the changes go ahead.

    MPs supported a ChristenUnie plan to redirect part of the money originally intended to keep pump prices down towards public transport. Earlier this year, the cabinet agreed to extend temporary tax cuts for another year at a cost of €1.7 billion.

    The lower house, however, now wants to shift €448 million of that amount to support the public transport network.

    ChristenUnie MP Pieter Grinwis said reversing planned public spending cuts over the next two years is essential, warning that many bus routes risk disappearing, particularly in rural areas where people rely on a single service.

    Many parties oppose raising fuel prices but the CDA and 50Plus eventually threw their support behind the plan, allowing it to pass.

    Grinwis said the higher tax is “not pleasant” for motorists but also “not a disaster”, adding that public transport “has been neglected for years”. He said the move would help preserve key connections and limit further fare increases.

    Whether motorists will feel the full impact of the higher tax depends in part on oil prices, which may rise or fall in the coming months. Euro 95 petrol in the Netherlands currently costs around €2 a litre, but there are wide variations.

    In a separate vote, MPs also approved a proposal from GroenLinks-PvdA and the pro-animal PvdD to impose higher taxes on private jet travel. From 2030, passengers on aircraft with fewer than 20 seats will pay an additional charge of up to €2,100 per ticket, or €420 for flights within Europe.

    The parties behind the plan say private jets produce disproportionately high emissions, often on short routes. GroenLinks-PvdA MP Kiki Stultiens said the measure could generate €58 million a year. “Either these people will pay more, or they will use private jets less,” she said.

    Cars Fossil fuels Public transport Tax
    Thank you for donating to DutchNews.nl.

    We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

    Make a donation



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Operational Challenges of Managing Digital Asset Funds

    May 5, 2026

    Hedge Funds Rebound in April, Led by Citadel and ExodusPoint

    May 4, 2026

    Global equity funds attract inflows for sixth week on earnings optimism

    May 4, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023

    Active Stock Fund Managers Have Got a Deal for You. Should You Take It?

    October 29, 2025
    Don't Miss
    Mutual Funds

    Bandhan Liquid Fund – Regular Plan – Growth | Mutual Fund Performance

    May 5, 2026

    About FundThe Scheme seeks to offer an investment avenue for short term savings by looking…

    27% of Americans Own ETFs but Allocate Just 6%, Here’s Why That Costs Them Retirement Income

    May 5, 2026

    Small-Cap Funds Rally 20% in April: Stay invested or book profits? Experts weigh in

    May 5, 2026

    Titanium vs Arthaya Long Short Funds: Which strategy fits your portfolio?

    May 5, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    XRP Price Struggles Despite 7 Weeks of ETF Inflows

    December 26, 2025

    Size, strategy and liquidity puzzle: Experts weigh risks in smallcap funds | Markets News

    February 26, 2026

    Buying shares in buy-to-let via the Portfolio app: Is it a good investment?

    October 18, 2021
    Our Picks

    Bandhan Liquid Fund – Regular Plan – Growth | Mutual Fund Performance

    May 5, 2026

    27% of Americans Own ETFs but Allocate Just 6%, Here’s Why That Costs Them Retirement Income

    May 5, 2026

    Small-Cap Funds Rally 20% in April: Stay invested or book profits? Experts weigh in

    May 5, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension

    May 5, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.