National

Aquino pushes VAT cut on power bills

The Manila Times 21 h

Philippines

Aquino pushes VAT cut on power bills — Sources: The Manila Times

SEN. Bam Aquino urged the government to scrap the 12-percent value-added tax (VAT) on residential electricity to provide relief to Filipinos struggling with high power costs. ”If VAT is removed from residential electricity — not businesses, factories, but just residential — this could mean a bigger drop in the electricity bill of our citizens,” Aquino said on Wednesday. He

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