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Indonesia, VAT
Indonesia presses ahead with VAT hike across the board, not only luxury goods
Indonesia on Monday decided to go ahead with a wide-ranging increase in the value-added tax rate to 12% next year, reversing a plan to only apply the hike to luxury goods, but will introduce measures to soften the blow on lower-income earners.
Indonesian parliament proposes VAT hike only for luxury items
Indonesia's parliament said on Thursday (Dec 12) it had proposed to the government to only raise the current value-added tax (VAT) rate for luxury items to avoid an impact on low income people. By law,
Indonesia Goes Ahead With VAT Hike, Offers Perks to Soften Blow
Indonesia will proceed with its value-added tax hike in 2025, while offering a raft of incentives to mitigate the impact on consumption and economic growth.
Indonesia announces economic policy package to ease VAT hike impact
Indonesia on Monday announced economic measures to soften the blow of an increase in the value-added tax rate, including electricity tariff cuts, incentives for labour-intensive industries, and VAT exemption on some property sales.
Jakarta Globe
1h
These Commodities and Services Are Exempt from VAT
The tax-free items include basic food staples such as rice, meat, fish, eggs, vegetables, and fresh milk. Additionally, ...
Antara News
1h
Government to officially apply 12 percent VAT starting from January 1
The Indonesian government has announced that the increase in value-added tax (VAT) rate from 11 percent to 12 percent will be ...
7d
VAT In Europe: Key Reforms And Changes Coming In 2025
Europe will see many VAT changes, including new e-invoicing mandates, simplified SME schemes, flexible VAT rate policies, and ...
FE Week
3h
30 colleges risk private school VAT trap
Fresh fears have emerged that dozens of colleges may be snared by Labour’s private school fee VAT rules coming into force ...
Business Times
2h
Indonesia rolls out fresh incentives to boost spending amid planned VAT hike
JAKARTA] Indonesia has announced a fresh wave of fiscal incentives to spur consumer spending, including extended tax breaks ...
Jakarta Globe
3h
Indonesia to Raise VAT to 12 Percent on January 1
Jakarta. The value-added tax (VAT) hike to 12 percent will officially enter into force in January 1, according to Chief ...
2d
Indonesia to announce economic policy package, VAT rate on Monday
Indonesia will on Monday announce an economic policy package, including its decision on the value-added tax rate, its senior ...
The Thaiger
1h
Thailand unveils tax reform: Corporate tax cut, VAT hike rejected
Thailand unveiled a bold tax reform plan to supercharge state revenue, drive national development, and level the economic ...
Dhaka Tribune
6h
NBR: Online VAT services to remain suspended on Dec 19-23
All online VAT services, including the Integrated VAT Administration System (IVAS), will remain suspended for 96 hours from 7 ...
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Related topics
Indonesia
National Board of Revenue
Value-added tax
Sri Lanka
Milan
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