UNDER THE GLASS ⟩ Estonians need to lighten their hats with the new year, but that’s not all

What many have already seen for the first time at the end of the year is the increase in the VAT rate from 20% to 22%. “This simply means that if previously the trader had to pay the State two euros of VAT on a ten euro product, from January he will have to pay the State two euros and 20 cents on the same amount”, explained Kertu Laadoga. , media relations specialist at the Tax and Customs Office.

Indeed, it went as described by a Postimehe reader in mid-December: “I went to the Kadaka Selver store, I rang through the ice cream with the remote control, the price was 2.49 euros, but the remote control gave me 2.52 ” Those three cents would make the VAT rate exactly 22%. According to the reader, three cents will not make him poorer, but he should wait for the VAT increase before asking for money.

Selver apologized and said it was an incorrect difference between the sticker price and the payment system price. But when politicians proposed a VAT increase, economic analysts suspected already in the summer that traders could secretly increase VAT in advance and simply include these percentages in the price.

Comments (1) Copy Facebook
2023-12-30 15:11:15
under-the-glass-%e2%9f%a9-estonians-need-to-lighten-their-hats-with-the-new-year-but-thats-not-all

Share this post :

Facebook
Twitter
LinkedIn
Pinterest

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News