Tag: VAT
Government Officially Extends PPN-DTP Relaxation for Property Sector
The government is once again providing relief for home buyers. The Ministry of Finance, through the Directorate General of Taxes (DJP), has extended the...
Attention! Building and Renovating Your Own Home Will Be Subject to...
The Indonesian government plans to implement a 2.4% tax on individuals building their own homes starting in 2025. This upcoming policy has sparked widespread...
Indonesia Grants 100% VAT Exemption on Home Purchases Through the End...
Exciting news is on the horizon for Indonesia's middle class. The Indonesian government has introduced a significant tax relief measure, offering a 100% exemption...
The Indonesian Government Confirms VAT Increase to 12% on January 1,...
The uncertainty surrounding Indonesia's Value Added Tax (VAT) increase has finally been laid to rest. Starting January 1, 2025, the VAT rate will officially...
Buy a House Under IDR 2 Billion and Enjoy VAT Exemption,...
The Indonesian government is making strides to boost the housing sector by offering substantial tax incentives for house buyers. For houses priced under IDR...
President Jokowi Plans VAT Increase to 12% by 2025, Ministry of...
President Joko Widodo, commonly known as Jokowi, has been proactive in planning for the future, as far back as 2021, particularly concerning the proposed...
A Budget of IDR 2 Trillion Allocated for Tax-Free New House...
The government of Indonesia has unveiled a comprehensive package of incentives aimed at rejuvenating the country's property sector. One of the key initiatives in...
Indonesia Gets Huge Profits after Raising Value-Added Tax
Indonesia's tax revenue this year has already exceeded the government's target even before 2022 ends. One of the reasons is the increase in Value-Added...
VAT 11 Percent Guarantees National Justice and Stability
The government has officially increased the Value Added Tax by 11 percent effective April 1. There was a polemic in the community regarding the...
VAT Rises, Can It Cause Inflation up to 5 Percent?
The increase in the value-added tax (VAT) rate to 11% will certainly have an impact on inflation. However, the government ensures that the impact...
