Lower Food VAT Would Cost Danish Businesses About 725 Million DKK a Year to Administer - The Copenhagen Post
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6 Articles
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berlingske.dkThe government wants to lower the general food VAT and have zero VAT on fruit and vegetables, but this will cost in administration.
There are extra headaches ahead for the craftsman who buys fruit and rolls for his employees.
Lower food VAT would cost Danish businesses about 725 million DKK a year to administer - The Copenhagen Post
Lowering Denmark’s value-added tax on food would cost businesses about 725 million DKK annually in added administration, according to a parliamentary response. Tax Minister Jakob Engel-Schmidt of the Moderates said Monday that the government wants to lower the general VAT rate on food and remove it from fruit and vegetables as soon as possible. The […]
The government wants to lower the general food VAT and have zero VAT on fruit and vegetables, but it costs in administration. It will cost the business community approximately 725 million kroner annually to handle lower VAT on food. But according to the government, it is worth the money. At a consultation on Monday, Tax Minister Jakob Engel-Schmidt (M) said that the government will as soon as possible […] The article: Ministry announces: This is…
The government wants to lower the general food VAT and have zero VAT on fruit and vegetables, but this will cost in administration.
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