Indonesia’s President Prabowo Subianto on Tuesday said a planned increase in value-added tax (VAT) rate by one percentage point to 12% effective Wednesday, Jan. 1, will apply only to luxury goods and services. Prabowo said the decision should end speculation over which items and services would be affected by the VAT increase. 

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Reuters

United Kingdom

Indonesia's president says VAT hike to apply only on luxury goods


Indonesia's President Prabowo Subianto on Tuesday said a planned increase in value-added tax (VAT) rate by one percentage point to 12% effective Wednesday


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Indonesia scaled back its planned increase in the value-added tax rate just hours before it was set to take effect on January 1 amid escalating public outcry.

The Star Kuala Lumpur

Star Media Group

Malaysia

Indonesia waters down planned VAT hike in last-minute move; Prabowo says it's only for luxury goods

On the last day of the year, we told you about the newspapers' editorial choices for the topic highlighted on their covers. The newspaper Público reports that the “Government has changed the direction of nine ULS since the beginning of the term of office”, while the Correio da Manhã writes that the “Refund [from the IRS] brings less money”. Jornal de Notícias chose to highlight that “Basket of basic foods falls to 2022 prices” and Diário de Notí…

No último dia do ano, contamos-lhe aquelas que foram as escolhas editoriais dos jornais para o tema em destaque nas suas capas.   O jornal Público dá conta que o "Governo mudou direcções de nove ULS desde início do mandato", enquanto o Correio da Manhã escreve que o "Reembolso [do IRS] traz menos dinheiro". O Jornal de Notícias escolheu destacar que "Cabaz de alimentos básicos recua para preços de 2022" e o Diário de Notícias diz que "PJ bate no…

Hoje é notícia: Preço de cabaz recua para 2022; IRS traz menos dinheiro

Noticias ao Minuto

Portugal

Today it's news: Basket price drops to 2022; IRS brings less money

Indonesia scaled back its planned increase in the value-added tax rate just hours before it was set to take effect on Jan 1 amid escalating public outcry.

Bangkok Post

Stock Exchange of Thailand

Bangkok

Thailand

Indonesia waters down planned VAT hike in last-minute move

2025 brought a first wave of price increases. From fuel and public transportation, to food, taxes and duties. Since midnight we have been able to see higher prices at the pump. We will discover the rest tomorrow, when most supermarkets open or in the coming weeks.

2025 a adus un prim val de scumpiri. De la carburanţi şi transport în comun, până la mâncare, taxe şi impozite. Încă de la miezul nopţii am putut vedea preţuri mai mari la pompă. Pe celelalte le vom descoperi de mâine, când se deschid majoritatea supermarketurilor sau în următoarele săptămâni.

Lista scumpirilor de la 1 ianuarie 2025. Pe ce vor merge cei mai mulţi bani

Stirile Antena 1 Observator

Romania

List of price increases from January 1, 2025. What will most of the money go towards?

The secretary general of FACUA-Consumers in Action, Rubén Sánchez has shown himself this Tuesday very critical with the measure of lowering VAT on basic foods that will cease to be effective from tomorrow. Facua was one of the few consumer organizations that criticized the measure since its inception and that has monitored its effect with a “very negative” conclusion. Continue reading...

El  secretario general de FACUA-Consumidores en Acción, Rubén Sánchez se ha mostrado este martes muy crítico con la medida de rebajar el IVA a los alimentos básicos que dejará de ser efectiva a partir de mañana. Facua fue una de las pocas organizaciones de consumidores que criticó la medida desde su puesta en marcha y que ha monitorizado su efecto con una conclusión “muy negativa”.Seguir leyendo...

Facua valora “muy negativamente” la medida de rebajar el IVA a los alimentos básicos porque “los consumidores apenas se han beneficiado”

La Vanguardia

Grupo Godó

Granada

Andalusia

Spain

Facua “very negatively” values the measure of lowering VAT on basic foods because “consumers have hardly benefited”

FACUA-Consumers in Action has criticized the government's "absolute passivity" and, in particular, the Ministry of Agriculture, Fisheries and Food, in view of the price increases in many foods with reduced VAT that have occurred since the measure came into force in January last year. Thus, they warn that the measure ends on 31 December without the Ministry of Agriculture, Fisheries and Food having carried out the controls it announced nor the So…

FACUA-Consumidores en Acción ha criticado la «absoluta pasividad» del Gobierno y, concretamente, del Ministerio de Agricultura, Pesca y Alimentación, ante las subidas de precios en numerosos alimentos con el IVA rebajado que se han producido desde la entrada en vigor de la medida, en enero del pasado año.Así, avisan de que la medida finaliza este 31 de diciembre sin que el Ministerio de Agricultura, Pesca y Alimentación haya desarrollado los con…

FACUA critica la «pasividad» del Gobierno ante las subidas de precios en alimentos con el IVA rebajado

Grupo Vocento

FACUA criticizes the government’s ‘passivity’ in the face of rising food prices with reduced VAT

JAKARTA (Reuters) –     Indonesia’s President Prabowo Subianto on Tuesday said a planned increase in value-added tax (VAT) rate by one percentage point to 12% effective Wednesday, Jan. 1, will apply only to luxury goods and services. Prabowo said the decision should end speculation over which items and services would be affected by the VAT increase. The decision also reversed an announcement by finance ministry officials in December. Authorities…

WTVB

Midwest Communications

Indonesia’s president says VAT hike to apply only on luxury goods

FACUA-Consumers in Action has considered this Tuesday a "fiasco" and a "failure" the measure of the reduction of the VAT to the basic foods that the government has put in place since 1 January 2023 in response to the increase of prices that have been produced in numerous products of the shopping basket. A measure that, two years later, from the organization assures that "only has served as a make-up of prices" and for the large supermarket chain…

FACUA-Consumidores en Acción ha considerado este martes un "fiasco" y un "fracaso" la medida de la reducción del IVA a los alimentos básicos que el Gobierno puso en marcha a partir del 1 de enero de 2023 ante el incremento de precios que se venían produciendo en numerosos productos de la cesta de la compra. Una medida que, dos años después, desde la organización aseguran que "solo ha servido como maquillaje de precios" y para que las grandes cad…

Facua critica el "fiasco" de la bajada del IVA a los alimentos básicos: "Ha sido un mecanismo de maquillaje de precios"

20minutos

Madrid

Community of Madrid

Facua criticizes the "fiasco" of the drop in VAT on basic foods: "It has been a mechanism of price makeup"

JAKARTA: Indonesia's President Prabowo Subianto on Tuesday said a planned increase in value-added tax (VAT) rate by one percentage point to 12 per cent effective Wednesday, Jan. 1, will apply only to luxury goods and services.
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Indonesia’s president says VAT hike to apply only on luxury goods

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