Mateusz Morawiecki was asked if there was a chance to extend zero VAT on food in 2024. - I do not rule out that we will extend it for another year, but these decisions will be made in due time, as we will have accurate inflation data for this year, as well as a forecast for next year, he said. .
On Friday, Deputy Finance Minister Artur Sobon said “there are reasons for zero VAT to stay with us longer.”.
Zero VAT on food products “for longer”, i.e. up to what point?
- By “longer” I mean longer. So not even the 23rd year, but thanks to Prime Minister Mateusz Morawiecki, the new VAT directive makes it possible to bring zero VAT on food in line with the VAT matrix, and of course the consequences must be analyzed. However, today it is about 27 percent. basket, so this is a very important subject from the point of view of the Poles, Deputy Finance Minister Artur Soboń said on the radio Siódma9.
Prime Minister Mateusz Morawiecki also spoke on Saturday about zero VAT on food.
— What does the reduction of VAT to zero mean in terms of the budget? Let’s look at it this way: suddenly about 10 billion zlotys disappear from the state budget. . Why are we doing this? So that all Poles spend PLN 10 billion less on everyday purchases, Radzie emphasized in his speech at OSP Radzieje.
Morawiecki: I do not rule out the extension of zero VAT
He added that the zero VAT rate on food is meant to “make it easy for Poles during the difficult times of inflation.” “This is a very serious relaxation, I do not exclude that we will extend it for another year, but these decisions will be made in due time, since we will have accurate data on the inflation rate for this year, but also a forecast for next year,” said He.
At the end of 2022, the anti-inflationary shield ceased to operate, in connection with which the VAT on gas, electricity, fuel and system heat returned to its previous levels. However, the zero VAT rate on food products has been preserved, which will be valid until June 30 of the current year. Most likely, it will be extended until the end of the year.
Source: Wprost
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