Taxes on cars: the situation in Europe

DIVIDED EUROPE (ON AUTOMOTIVE TAXES) – The taxes they are not popular at all latitudes. Behind this name, however, there are hundreds of different taxes and rates, but in this complexity the taxes on Automobiles they are undoubtedly an important part. Vehicles are the second largest investment of families, after the one on the house, and the related tax part therefore deserves a closer look. Looking at the European Union we discover, for example, that Italy is not among the countries that they tax cars more. The unenviable scepter belongs to the Belgium: in fact, its citizens spend an average of € 2,892 per year for each vehicle, with the Finland to follow with 2,723 euros andIreland on the podium with 2.438. L’Italy it is almost aligned with the other big countries because its 1,727 euros annuals are halfway between the 1,764 of the Germany and the 1,625 of the France. You save in Greece and Spain, which is the cheapest: (1,264 and 1,148 euros respectively) and you pay a lot in Austria and Denmark, in fourth and fifth position with their 2,409 and 2,217 euros. We note that countries such as Hungary, Croatia or the Baltic Republics are excluded from this comparison due to lack of data. These numbers (provided by the association of European manufacturers ACEA) to provide more complete information, should be related to purchasing power and average income but are nevertheless indicative.

SAVINGS IN THE RUSSIAN MOUNTAINS – Other interesting data are those onTax rate applied to the price of Automobiles, extended to all the countries of the Union and which reshuffle the cards. Hungary is the most expensive: its 27% exceeds in momentum the pursuers Croatia, Denmark and Sweden (25%) and 24% of Finland and Greece. However, 22% of Italy and Slovenia, somewhat lower, pales in comparison with 17% of Luxembourg, 18% of Malta and 19% of Germany, Cyprus and Romania. Our country (unfortunately) takes its revenge on excise duties: the data before the government intervention to calm prices (here to find out more) they speak clearly. Italy has in fact the European record of excise duty on diesel – 610 euros per 1,000 liters, 61 cents per liter – and is in second place for petrol, with 72 cents per liter. Hungary, which has the primacy of the VAT rate, is the least expensive for both fuels (35 cents for petrol and 32 for diesel). Behind Hungary in terms of economy of excise duties for the two fuels we find Poland, Malta and Bulgaria (respectively second, third and fourth) while the highest excise duties for diesel, after the Italian ones, are due to Belgium, France and Ireland. The record for petrol excise duties, with 82 cents / liter, is in Holland followed by Italy and Finland, Greece and France.

THE TAX IS HAPPY – These taxes and duties bring an avalanche of money to the state coffers and ACEA has prepared a table with these data which are unfortunately not homogeneous given that some refer to 2019, others to 2020 (the year of the pandemic) and still others to 2021. taxman 89.7 billion in Germany and 73.4 billion in France. Their contribution to the Italian tax revenue (2019 data) was 76.3 billion, down to 34.1 for the Spanish one in 2021. It is also interesting to separate the various items that constitute them from the absolute figures. The revenue from excise duties on fuels and lubricants in Germany and Italy was almost identical 37.7 and 37.3 respectively: Germany certainly ‘consumes’ more but has lower excise duties. The greater consistency of the German fleet – in 2019 it was 51.60 million vehicles against 44.76 in Italy – and the different taxes emerge considering, for example, the revenue from VAT on sales services, repairs and spare parts – 29, 1 billion against Italy’s 18.9 billion – and insurance taxes, which are worth 5.5 billion against 3.9. The total annual revenue in the major European markets is ultimately € 375 billion, an astronomical figure.

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Taxes on cars: the situation in Europe


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