Skip to content

Dutch to Raise Wages, Corporate Tax to Ease Energy Crisis

  • Netherlands to raise the minimum wage by 10% from Jan. 1
  • Government unveils windfall tax on gas producers, energy cap
Updated on

The Netherlands plans to hike its minimum wage and raise taxes on corporate profits as part of a 17.2 billion-euro ($17.2 billion) package of support for households aimed at easing the pain of surging inflation.

The measures also include a freeze on gas and electricity prices from Jan. 1, targeted subsidies for lower-income families, and an extension of a fuel tax reduction until July.