VAT cut on food in the Balearics what is included

Mallorca help for shoppers this winter

Government is trying to help people through the winter.

Government is trying to help people through the winter. | Majorca Daily Bulletin reporter

Humphrey CarterPalma27/12/2022 13:26
TW
3

The Prime Minister, Pedro Sánchez, has announced measures aimed at easing the price of people’s shopping baskets.


Sánchez, speaking at a press conference, said that, although Spain is managing to reduce inflation, the government has approved several measures to ease the high prices.

Related news
Balearic cost of living goes through the roof.

Inflation rockets in the Balearics

More related news

They include a six-month cut in VAT from four to zero percent for all staple foods and from 10 to 5 percent for oil and pasta.

The government said it will cut value added tax on essential foods such as bread, cheese, milk, fruit and vegetables and cereals to 0% from 4%. Pasta and cooking oils will have VAT slashed by half to 5%, Sanchez said.

In addition to the VAT reduction on certain products, which aims to cushion the impact of rising inflation, a 200 euro aid cheque for struggling families has also been approved.

Poll
Are you happy that, although the 20 cent fuel discount will go, there will be VAT cuts on food shopping?

Are you happy that, although the 20 cent fuel discount will go, there will be VAT cuts on food shopping?

351 votes

0%
0%
See more polls

Also in News

Talking to tourists.

Mallorca holiday paradise vanishing for some German tourists

La Macarena bullring in Felanitx, Mallorca

Abandoned since 2008, a Mallorca bullring has new owners

Cala Torta in Arta, Mallorca

Government buys back Mallorca estates from Kuwait

Passengers at Palma Son Sant Joan Airport in Mallorca

Mallorca hoteliers president: Tourism is being used as "a punchbag"

Most viewed
Most Commented