The Council of Ministers has agreed on a Royal Decree-Law that includes new measures. Therefore, Respond to the economic consequences of the war in Ukraine. 2022 has been marked. The Government’s new the rise in electricity and food prices and. As a consequence, the rise of private labels. Therefore, now the Government of Spain has approved a series of measures that seek to address inflation and protect the most vulnerable members of society.
As reported from the Moncloa, the Executive has ordered the reduction of VAT from 4 to 0% on essential foods. As part of a series of measures whose objective is to alleviate the effects that the increase in prices has on pockets. of consumers.
What do consumers think of this decision
The President of the Government. Pedro Sánchez , has Iran Phone Number List announced that the VAT on all basic foodstuffs will be reduced from the current 4% to 0%. Therefore, tax reduction from 10% to 5% will be applied on products such as oil and pasta. Measure that will last for six months.
But From MarketingDirecto.com we have taken to the streets to ask buyers about this measure. Which directly affects purchase prices. Given the current situation. The majority of those interviewed mention the increase in prices. Therefore, which motivates them to turn to white label products in search of savings
The Government reduces VAT on essential products
In this way, a reduction in VAT on ASB Directory basic foodstuffs is approved. Therefore, the reduction of VAT on pasta and oil from 10% to 5%. An aid of 200 euros with incomes of up to 27,000 euros. The reduction is extended of taxes on electricity. Gas and evictions and releases for vulnerable households are suspended.
Therefore, we are allocating 45,000 million to protect our country. Its citizens from the increase in the cost of living ,” said the President of the Government. Therefore, he has also announced a revaluation of pensions by 8.5% in 2023 to guarantee the purchasing power of the elderly.
