No increase in price of computers - Ruling majority against higher VAT
The announced increase in value added tax (VAT) on the price of computers and hotel services by 18% will most probably be postponed for two years or the VAT rate will remain at current level of 8% until further notice, daily paper Blic learns from the ruling coalition.
Since G17 plus and LSV strongly advocate for computers and hotel services to be excluded from the announced amendments to the Law, the VAT increase suggested by the Government of Serbia might cause citrus fruit dealers to set aside more money for taxes. According to our information, the Democratic Party has agreed in principle with these requests of G17 plus and LSV.
Ministry of Finance: VAT increase is the only solution
State Secretary in the Ministry of Finance Vuk Djokovic told Blic that the increase in VAT on computers, hotel services and citrus fruit had been suggested because an increase in the tax on any other goods would hit the budget of citizens more seriously. He said that that was necessary because the projected level of deficit of 4.8% in 2010 must not be higher than 4% of the gross national product.
- It has been decided that the VAT should be higher on computers, hotel services and citrus fruit because other products are more sensitive. An increase in the price of food products would cause a much more serious impact on the budget of citizens - said Djokovic.Most Important News
06.04.2024. | Agriculture
Preconditions for Placement of Fresh Blueberries and Dried Plums in Chinese Market Secured
16.04.2024. | News
Jovan Ciric, Leasing Director Retail MPC Properties – MPC Echo symbolizes our desire for good ideas and innovative endeavors to spread freely and bring about positive changes
16.04.2024. | News
10.04.2024. | Finance, IT, Telecommunications, Tourism, Sports, Culture
Creative Industry – What This Serbian Economy Sector Worth EUR 2 Billion Encompasses
10.04.2024. | Finance, IT, Telecommunications, Tourism, Sports, Culture
26.04.2024. | Industry, Construction
Plans for continuation of construction of Belgrade sewer system announced – Section beneath river Sava to be 414 meters long, reconstruction of Karaburma tunnel
26.04.2024. | Industry, Construction
16.04.2024. | News
Economy Fair in Mostar opens – 26 companies from Serbia exhibiting
16.04.2024. | News
26.04.2024. | Construction
CLS: Where is the Ada Huja bridge project?
26.04.2024. | Construction