The Government starts to withdraw this Monday part of the anti-crisis plan with the return of the VAT of electricity and gas to 21%

The Government begins this Monday to deactivate part of the anti-crisis plan approved to cushion the economic impact of the conflict in Middle East. The main novelty will be the return of electricity and gas VAT to the general rate of 21%, after several weeks with the tax reduced to 10%, in addition to the recovery of the usual special electricity tax.

The partial withdrawal of these aids comes after the Executive considered that energy prices have been contained during recent months. The decree approved in March already contemplated the possibility of eliminating some measures in advance if the evolution of supplies improved, as has finally happened with electricity and gas.

However, other bonuses will continue at least until next June 30. Among them are aid for fuels, additional discounts on the social electricity bonus or economic support for farmers and transporters, since the price of fuels remains well above the thresholds set by the Government.

Uncertainty now focuses on what will happen from summer onwards. The Executive has initiated contacts with social agents and economic sectors to study the continuity or adaptation of the measures, while unions such as CCOO and UGT demand to maintain the VAT reduction and approve new direct aid for the lowest incomes.

The debate also coincides with the fear of a new inflation surge. Although the CPI moderated in May to 3.2%, organizations such as Funcas, the CEOE or the Chamber of Commerce have revised upwards their forecasts for 2026 given the persistent impact of the international conflict and rising energy costs.

Experts also warn that the withdrawal of part of the anti-crisis shield could again accelerate price increases in the coming months. Funcas even proposes a scenario in which inflation reaches 4% during the summer if more measures are reversed and pressure on oil and food continues.