Tag: VAT
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...
These Countries Lower VAT, Indonesia Increases It
Indonesia will increase the rate of Value Added Tax (VAT) to 11 percent. The increase will take effect on April 1, 2022. When Indonesia...
Minister of Finance Affirms VAT Increase Will Stay Effective on April...
The increase in Value Added Tax or VAT rate which is still being reviewed has finally received clarity. Recently, the Minister of Finance Sri...
Value Added Tax (PPn) Will Rise, When Does It Take Effect?
The Law on the Harmonization of Tax Regulations (UU HPP) was enacted on October 29, 2021, ago. However, not all of the provisions in...
