US EditionFood Will Cost Less: the Government Has Announced It Will Lower VAT - The Copenhagen Post
13 Articles
13 Articles
The government promises to lower VAT – but not until 2028. And even that they can't agree on how to do.
Lowering VAT on food could result in large costs for businesses - and end up not benefiting consumers, the warning reads.
It may become cheaper to shop at the supermarket from 2028. At least that is the intention behind a new political agreement between the government and a broad majority, which will be presented at the Ministry of Finance on Wednesday. P...
The list of products, which will be cheaper from July, is not yet fully funded.
The government presented an agreement on food prices on Wednesday morning. It is still unclear whether VAT will be reduced on all foods or only on fruit and vegetables. Businesses and trade unions are criticizing the agreement.
Food will cost less: the government has announced it will lower VAT - The Copenhagen Post
Denmark’s government and a broad majority in parliament have agreed to lower VAT on food from 2028, but there is still no agreement on how the tax cut will be carried out. The agreement was presented on Wednesday at the Ministry of Finance. The parties have set aside six billion DKK a year for the […]
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