Hacienda could raise taxes on cars

Hacienda could raise taxes on cars. The Ministry of Finance has submitted to the European Union a large part of the proposals drawn up by the “Committee of Experts.” So much so that Pedro Sánchez’s government has stated that Spain “has sufficient room to raise taxes related to transport.”

This information was published by ABC, which includes the assessment of the taxation of the automotive sector report that the government sent to Brussels as part of the Recovery Plan. For now, the Ministry of Finance has not provided details on the specific measures that will be implemented in Spain, nor have the deadlines for application been confirmed.

What is known is that the increase in transport taxes will affect cars as well as aircraft and boats. This publication comes after the verdict on the reform of the tax system. Among other aspects, it was stated that registration taxes are more effective than circulation taxes “for steering purchasing decisions,” so they could be increased even further.

Car taxes could rise even further

Other measures that could be considered include the taxation of hydrocarbons, the imposition of municipal charges for traffic congestion, payment for use of high-occupancy lanes, the introduction of low-emission zones in municipalities with more than 50,000 inhabitants in 2023, and the elimination of the tax reliefs for historic vehicles.

In this way, the government could put on the table some of the tax increases it has been announcing for some months. As some sources report, “this notification from the Ministry of Finance to Brussels marks a new milestone in the government’s fight against combustion vehicles, as this is an important source of revenue in the pursuit of growing tax pressure.” “At the same time, the Ministry of Ecological Transition recommended that town councils create a high-value annual fee or tax to allow parking on the street.”

Furthermore, the government intends to increase the taxation of diesel and make it equal to that of petrol.