US EditionReduction of Vat to 10% on the Electricity Bill: This Is the Amount of Money that Households in Spain Will Save with the New Anti-Crisis Measure
5 Articles
5 Articles
This Friday, the Government's anti-crisis package has been announced, including a 10% reduction in VAT on electricity, gas and petrol, which is starting to take effect this Sunday. However, farmers believe that these measures "would be insufficient in the event that the war situation and the crisis in energy prices and fertilizers will be extended beyond 15 days." In particular, farmers warn that there could be food shortages, if measures are no…
The war being waged by the United States and Israel against Iran has had worldwide consequences. The blockade of the Strait of Ormuz has caused an economic impact and the consequences have not been slow to arrive. Therefore, the Government of Spain convened an extraordinary Council of Ministers in which it approved anti-crisis measures among which it proposed a reduction of VAT on electricity, one of the services along with that of fuels, where …
Fuels and food are raised despite a reduction in VAT in Spain, and the consequence is immediate, direct and palpable in millions of households that see how to fill the deposit, pay the energy bill or make the weekly purchase cost more and more in just a matter of days. The Organization of Consumers and Users (OCU), through continuous analysis of real prices, has been warning weeks of a phenomenon that is already reflected in concrete figures: in…
The coalition government of the Kingdom of Spain has approved, as part of a package of measures to alleviate the economic impact of the US and Israel war against Iran, the reduction in VAT applied to the price of gasoline. A reduction in VAT from 21% to 10% is also applied to electricity, but this article will focus on the hydrocarbon sector. There is no need to navigate too much on social networks to see that it is not the brightest solution.
Buenos Aires, 21 March (NA) – The Government of Spain approved this Friday, in an extraordinary Council of Ministers held to calibrate the first response to the effects of the war in the Middle East, a package of 80 measures valued at €5 billion that contains tax reductions on energy and fuels, direct aids to sectors and households and various levers of social protection. The Chief Executive, Pedro Sánchez, launched the plan first thing in the a…
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