Shopping carts for Spanish families will continue until next June 0% VAT on basic foods And 5% for pasta and oilThe Head of Government announced: Pedro Sánchez, Following the meeting of the Council of Ministers, the Measure is implemented despite the fact that the gradual decline in energy prices allows production costs in the agricultural sector to be more moderate.
Although when this was first confirmed VAT deduction is open food one is marked For this measure to be withdrawn, the base CPI rate must be 5.5%. and data from last November (the latest available) shows that rate at 4.5%, one point below that rate. The administration decided to continue aid at a time when food prices rose 9% last month. Extending this tax relief to certain foods in the first half of 2024 could cost close to €900 million, given the budget impact of the measure totaling €1,294 million by September 2023.
However, the Council of Ministers did not foresee this. meat products, fish and canned goods Despite the repeated demands made by agricultural and livestock producers and consumer organizations on this issue, with the participation of some opposition parties, there are citizens who benefit from these VAT discounts.