ACEA: Motor vehicle tax amounts to € 398 billion in main EU markets, highest vehicle taxes in Belgium
Motor vehicles are responsible for € 398.4 billion in tax revenue for governments in major European markets, according to the latest data from the European Association of Automobile Manufacturers (ACEA)
Motor vehicles are responsible for € 398.4 billion in tax revenue for governments in major European markets, according to the latest data from the Association of European Automobile Manufacturers (ACEA).
This figure – 3% more than the previous year – represents almost two and a half times the total budget of the European Union. National income ranges from € 99.9 billion for Germany, which has the largest vehicle fleet in the EU, to € 6.2 billion for Ireland.
If we consider the average total tax revenue per motor vehicle, Belgium receives 3,187 € per vehicle per year, Austria (2,678 €) and Finland (2,523 €) completing the top three countries in the ‘EU with the highest income per vehicle. The lowest tax revenues are found in Greece and Spain, where the state collects € 1,264 and € 1,068 per vehicle, respectively.
This data was published today in ACEA’s Tax Guide, which provides an overview of all taxes levied on vehicles in the EU and other global markets, including taxes on the acquisition of vehicles. vehicles (VAT, sales tax, registration tax), property (annual road tax, road tax) and automobile (fuel tax).
“Taxes on vehicles, roads and fuels generate huge public revenues every year in the EU,” said Eric-Mark Huitema, ACEA Director General. “These revenues should help finance the charging and refueling infrastructure that is now urgently needed to cope with the rapidly growing market for alternative drive vehicles.”
Huitema: “Indeed, in the first quarter of this year, almost 14% of all new cars sold in the EU were electrically rechargeable. However, this trend can only be sustained if governments step up their investments in infrastructure. “
When it comes to fuel taxes, gasoline is still taxed more than diesel in almost all European countries except Belgium and Slovenia. The diesel tax ranges from € 317/1000 liters (in Hungary) to € 617/1000 liters (in Italy). For gasoline, the tax goes from € 345 / 1,000 liters (Hungary) to € 813 / 1,000 liters (Netherlands).
VAT rates on new vehicles range from 17% in Luxembourg to 27% in Hungary, the report says.
Average annual tax revenue per motor vehicle, by country *
- Belgium: € 3,187
- Austria: € 2,678
- Finland: € 2,523
- Ireland: 2438 €
- Denmark: 2251 €
- Netherlands: € 2,158
- Germany: 1963 €
- France: 1911 €
- Italy: 1727 €
- Sweden: € 1,561
- Portugal: € 1,528
- Greece: 1264 €
- Spain: 1068 €