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Feijóo targets Spain’s rising prices with 0% food VAT and lower energy tax

If your weekly supermarket shop seems to be eating an ever-bigger chunk of your pay packet, a proposal from Spain’s opposition could make an immediate difference to what you pay at the till, at least if it becomes law. The PP wants basic food to have zero VAT, energy VAT cut from 21% to 10% and income tax bands adjusted for inflation. The party is also proposing bigger tax deductions for… Source

If your weekly supermarket shop seems to be eating an ever-bigger chunk of your pay packet, a proposal from Spain’s opposition could make an immediate difference to what you pay at the till, at least if it becomes law. The PP wants basic food to have zero VAT, energy VAT cut from 21% to 10% and income tax bands adjusted for inflation. The party is also proposing bigger tax deductions for… Source
ORIGINAL SOURCE

Euro Weekly News Spain

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