VAT refund for gas in 2023 – you need to submit an application! Who is VAT refund for natural gas?

VAT refund for gas in 2023 for heating with gas is provided for in the Act on special protection of gaseous fuel consumers. However, not everyone will get a VAT refund for a higher gas price. You also need to submit an application. Who and when can count on a refund? What conditions must be … Read more

Finance: amending some provisions of the executive regulations of the Value Added Tax Law

Procedures for suspending and dropping the tax on machinery and equipment purchased from the local market for use in industrial production Procedures to take advantage of the incentives prescribed by law to encourage investment in economic zones of a special nature Goods or services received for projects of economic zones of a special nature shall … Read more

Spanish consumer association indicates ALDI, Lidl and Carrefour for not introducing the VAT reduction

MADRID – The Spanish consumer association FACUA has not lost any time and has immediately sent dozens of researchers to check the supermarkets in Spain. FACUA has done this because since January 1, 2023, a 0% VAT percentage applies to thousands of articles, while oils and pasta have received a 5% VAT reduction. Research shows … Read more

VAT at 0%, soon in France?

A measure that would only make winners… among distributors? Guest, Monday, January 2, 2023 in the evening, by the show DailyBruno Le Maire, Minister of the Economy, could not avoid the question of the abolition of VAT on basic food products in France. However, according to him, the measure would have very little effect on … Read more

Index – Economy – These taxes, contributions and benefits have changed with the start of the new year

2023 will also start with significant changes in the area of ​​taxes, contributions and subsidies. The Index collected the most important novelties. I. The minimum wage increase and its tax and benefit implications From the first of January, the minimum wage and all related value determinations will increase. The amount of the minimum wage will … Read more

MotoGP Isn’t Boxing, Riders Don’t Need To Fight To Make It Fun!

Jakarta – Dorna responded to the statements of a number of observers who said MotoGP it starts to get boring because all the drivers are good friends and don’t fight each other. According to Dorna, MotoGP is motorcycle racing, not boxing. So no need to ‘punch’ to be interesting to watch. Taken from GPOne, Thursday … Read more

Spain abolishes VAT on basic necessities

It was thought impossible under European law. The government of Socialist Prime Minister Pedro Sanchez has announced the reduction of “VAT from 4% to 0% for all basic necessities”such as bread, milk, cheese, fruits, vegetables or cereals, for the next six months Main foodstuffs concerned: food products, whose year-on-year increase reached 15.3% in November. VAT … Read more

Spain abolishes VAT on basic necessities

It was thought impossible under European law. The government of Socialist Prime Minister Pedro Sanchez has announced the reduction of “VAT from 4% to 0% for all basic necessities”such as bread, milk, cheese, fruits, vegetables or cereals, for the next six months Main foodstuffs concerned: food products, whose year-on-year increase reached 15.3% in November. VAT … Read more