Accompanied by Economic Stimulus Package, 1% VAT Increase Strengthens State Revenue
Jakarta – The Indonesian government recently announced a 1% increase in Value Added Tax (VAT) rates which will be enforced starting 2025. This step aims to strengthen state revenues in…
People Need Not Worry, 1 Percent VAT Only for Luxury Goods
Jakarta – Coordinating Minister for Economic Affairs assured the public that the 1 percent VAT increase is only for luxury goods. Coordinating Minister for Economic Affairs Airlangga…
Luxury Goods Tax Increase as a Step to Strengthen the State Economy
Jakarta, – The Indonesian government has confirmed the increase in the Value Added Tax (VAT) rate to 12 percent, which is implemented through Law Number 7 of 2021 concerning the…
Stimulus Through VAT Encourages People’s Economic Growth with the Principles of Justice and…
JAKARTA — The Indonesian government is strengthening economic stimulus by adjusting the Value Added Tax (VAT) rate from 11% to 12%, effective January 1, 2025. This policy aims to expand…
VAT Increase Benefits All Levels of Society
Jakarta,– The government has announced a plan to implement an increase in Value Added Tax (VAT) to 12 percent which will be effective on January 1, 2025. This policy was taken as part of…
VAT Adjustment, Smart Step to Attract Investment and Maintain Indonesian Economy
Jakarta - The Value Added Tax (VAT) Adjustment Policy from 11 percent to 12 percent continues to be a hot topic. This policy is considered a strategic step to anticipate the downward trend…
Adjustment of VAT Rates is a Form of Partisanship to the Community
Jakarta – The government plans to increase VAT by 1% in 2025. The increase is based on Law Number 7 of 2021 concerning Harmonization of Tax Regulations, Value Added Tax (VAT) which will…
Good News! 1 Percent VAT Increase Provides Benefits for the People and the Country’s Economy
Jakarta – The government will cover the needs of other food items subject to 12 percent Value Added Tax or VAT, which is 1 percent for the community, and will have a positive impact on the…
VAT Increases, Inflation is Safe: Proof that Economic Policy is Running Correctly
Jakarta - The government has officially raised the Value Added Tax (VAT) rate by 1 percent, from 11 percent to 12 percent, as part of an effort to strengthen state revenues and create a…
VAT Adjustment Only for Luxury Goods and Services; Government Strengthens Fair Tax System
JAKARTA – The government has confirmed that the adjustment of the Value Added Tax (VAT) rate of 1 percent will only be applied to luxury goods and services. Coordinating Minister for…