The Italian government rolls out temporary fuel tax cuts and expanded financial relief for transport and agricultural sectors, with measures including tripled support budgets and extended payment deadlines running through early June 2026.

Italy’s Revenue Agency has announced that the government has introduced Legislative Decree no. 89/2026, published on 25 May 2026, implementing comprehensive tax relief measures to ease the burden of rising fuel costs on citizens and businesses. The decree runs from 23 May through 6 June 2026.

Excise duty reductions on fuel

The decree temporarily reduces excise duties across multiple fuel types. From 23 May to 6 June 2026, the new rates are:

  • Petrol: EUR 622.90 per thousand litres
  • Diesel: EUR 572.90 per thousand litres
  • LPG: EUR 242.77 per thousand kilograms
  • Natural gas: zero euros per cubic meter

Expanded support for transport and agriculture

Road haulage sector

Legislative Decree no. 89/2026 significantly expands tax credits for road transport companies operating in Italy. The allocated budget has tripled from EUR 100 million to EUR 300 million for 2026. Eligible companies can claim credits based on increased fuel expenditure between March and June 2026 compared to February 2026 prices.

Agricultural businesses

The agricultural sector receives enhanced support through two main measures. The fuel tax credit limit has been raised from EUR 30 million to EUR 90 million for 2026, covering 20% of diesel and petrol costs for agricultural vehicles and greenhouse heating. The eligible expense period has been extended from March only to March through May 2026.

Additionally, a new EUR 40 million contribution addresses rising fertiliser costs, covering 30% of purchases made in March, April, and May 2026. Implementation guidelines will be issued within 60 days of 23 May 2026.

Extended tax payment deadline

ISA taxpayers, flat-rate taxpayers, and individuals in certain business partnerships can defer their tax payments until 20 July 2026 without incurring additional charges, providing further financial flexibility during this period.

Earlier, the Italian government enacted Conversion Law No. 79/2026, published in the Official Journal on 16 May 2026, which converts Legislative Decree No. 33/2026 into permanent law. The measure maintains reduced excise duties on petroleum products and provides targeted support for the transport and fishing sectors amid ongoing volatility in global oil markets.