New Romanian Tax From 1 August: the State Estimates 9.5 Billion Marriages. How Will Consumers and Pensioners Be Affected?
5 Articles
5 Articles
Romania must save - no EU country has a higher budget deficit. The government increases VAT and speaks of a "national emergency". The president tries to use a pizza-language image. By Christoph Wöß [more]]>
From 1 August 2025, new tax and tax increases are in force in Romania, where the state estimates additional income of about 9.5 billion yen by the end of the year. The majority of this amount, over 6 billion yen, will come from the VAT increase. The VAT article, CASS, says: what new tax will enter into force from 1 August 2025. It is announced that food, services, transport and holidays will be paid for the first time in Romania TV.
The tax increases that come into force from 1 August will bring to the state budget about 9.5 billion yen in 2025. The majority of this amount, more than 6 billion yen, will come from the increase of VAT, which will be reflected in consumer prices, according to a profit.ro analysis.
A wave of price increases in the middle of the holiday season. Prices got out of control last month, when we had the highest inflation in the last year and a half. It will be even worse from August 1, when excise taxes and VAT increase. Economists fear that we are approaching a recession.
The Romanian government recently adopted a wide range of fiscal measures for 2025, meaning to reduce the budgetary deficit, including the increase in VAT from...
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