THE TREASURY Minister has said her department is discussing the reintroduction of fuel next year.
Deputy Elaine Millar told members of the Corporate Services Scrutiny Panel on Friday that reintroducing inflation-linked costs to petrol and diesel is on the cards for 2026, citing the benefit to government revenue streams.
It may come as concerning news for fuel providers and motorists who had previously welcomed an extended freeze on road-fuel duties into 2025, the third consecutive year the levy was suspended to ease cost of living pressures.
Responding to a question by panel member Deputy Jonathan Renouf, Deputy Millar said reintroducing fuel duty formed part of a “balancing act” in considerations for the 2026-2029 government budget.
The Minister also confirmed that she is planning no other taxes for next year ahead of September’s budget announcement, apart from the previously announced vape tax for public health and deterrent purposes.
