Submitted by PauloPatricio t3_zwp5mn in worldnews
tomorrow509 t1_j1w871m wrote
Reply to comment by autotldr in Spain scraps VAT on basic food to help with rising cost of living by PauloPatricio
Bad Bot. You left out the meat of the article:
Spain will scrap the value-added tax on basic food items for six months as part of a series of new measures to help people to cope with the rising cost of living.
Prime Minister Pedro Sánchez announced that the VAT would be reduced from 4 per cent to 0 per cent on basic food items, such as bread, cheese and vegetables, while it will be reduced from 10 per cent to 5 per cent on oil and pasta.
The government also approved a one-off aid of €200 for families with incomes of €27,000 or less to compensate for the increase in food prices.
The new anti-crisis aid package is worth €10 billion, bringing the government's expenditures on aid measures to €45 billion.
Since Russia launched its invasion of Ukraine in February, the Spanish government has announced multiple aid packages to help the poorest households cope with inflation, which has soared across Europe.
PencilPacket t1_j1wiau1 wrote
meanwhile in the UK.
memoriesofgreen t1_j1xshp2 wrote
There is no VAT on food in the UK.
AbzShrGay9677 t1_j1ykzyq wrote
While most food attracts a 0% VAT rate there are exceptions…
https://www.gov.uk/guidance/food-products-and-vat-notice-70114
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