VAT hike, Indonesia

Indonesia presses ahead with VAT hike across the board, not only luxury goods
Indonesia on Monday decided to go ahead with a wide-ranging increase in the value-added tax rate to 12% next year, reversing a plan to only apply the hike to luxury goods, but will introduce measures to soften the blow on lower-income earners.
Indonesia to Hike VAT Next Year, Offers Perks to Soften Blow
Indonesia will proceed with its value-added tax hike in 2025, while offering a raft of incentives to mitigate the impact on consumption and economic growth.
Over 65,000 People Sign Online Petition Against Indonesia's VAT Hike
TEMPO.CO, Jakarta - An online petition on change.org demanding Indonesian President Prabowo Subianto to cancel the value-added tax (VAT) hike plan to 12 percent has been signed by 65,171 people as of Wednesday, December 18, 2024, at 3:25 p.m. local time.
Indonesia unveils US$50 billion economic policy package to ease VAT hike impact
Indonesia has unveiled an economic policy package to soften the blow of an increase in value-added tax (VAT) on goods and services from Jan 1. The stimulus package, worth more than US$50 billion, is aimed at supporting the weakening purchasing power of middle- and low-income communities.
Indonesia announces economic policy package to ease VAT hike impact
Indonesia on Monday announced economic measures to soften the blow of an increase in the value-added tax rate, including electricity tariff cuts, incentives for labour-intensive industries, and VAT exemption on some property sales.
Indonesia to provide 50 percent electricity discount amid VAT hike
Finance Minister Sri Mulyani Indrawati has announced a 50 percent electricity discount for January and February 2025 to protect people's purchasing power
Tempo1h
99,000 People Sign Petition Urging Prabowo to Cancel the 12 Percent VAT
A total of 99,098 people have signed a petition addressed to Indonesian President Prabowo Subianto to cancel the 12 percent ...
Jakarta Globe1d
VAT Expansion in Indonesia Targets Premium Goods, Critics Warn of Economic Strain
Indonesia’s VAT hike to 12% in 2025 will expand taxable goods, including items once VAT-free, says economist Andri Perdana.
Indonesia goes ahead with VAT hike, offers perks to soften blow
JAKARTA: Indonesia will proceed with its value-added tax hike in 2025, while offering a raft of incentives to mitigate the ...
Indonesia presses ahead with VAT hike across the board, not just for luxury goods
The Indonesian govt will also introduce measures to soften the blow for lower-income earners. Read more at straitstimes.com.
Jakarta Globe2d
Indonesia to Raise VAT to 12 Percent on January 1
Jakarta. The value-added tax (VAT) hike to 12 percent will officially enter into force in January 1, according to Chief ...
Tempo2d
Indonesia Govt Confirms 12% VAT Rate in 2025, Exempts Essential Goods
TEMPO.CO, Jakarta - The Indonesian government has confirmed that the increase in Value Added Tax ( VAT) to 12% will proceed ...