According to Mehmet Şimşek, there was no 'VAT increase'
The VAT rate applied to restaurants and cafes was increased from 8 percent to 10 percent, and the rate applied as 18 percent was increased to 20 percent. Minister of Treasury and Finance Mehmet Şimşek announced that the measure in question was not a VAT increase but a 'regulation'.
With the regulation introduced by the Ministry of Treasury and Finance to prevent VAT abuse in food and to resolve uncertainties on this issue, restaurants and cafes will also calculate VAT at 10 percent on the food and beverages they sell.
Making a statement on his social media account regarding the matter, Minister of Treasury and Finance Mehmet Şimşek said, "There was no VAT increase! A regulation was made to ensure that the VAT collected by businesses from citizens is documented correctly. We thank our citizens who showed sensitivity on this issue and provided us with information."
There was no VAT increase!
— Mehmet Simsek (@memetsimsek) April 27, 2024
A regulation was made to ensure that the VAT collected by businesses from citizens is documented correctly.
We thank our citizens who showed sensitivity on this issue and provided us with information. https://t.co/kiAlOfbRdK
News Source: 12punto
Most Read
Historic words from Özgür Özel at the CHP group meeting
Air Force Academy student Veli Bilgin has died
Striking picture for Özgür Özel's 'New Party'
The PKK opening and Özgür Özel’s path!..
How did the newspapers view Özgür Özel's farewell to the CHP?
He killed his wife by slitting her throat: Their children witnessed the moments
Tuncer Bakırhan calls for a framework law
Here are the names that will be in Özgür Özel's new party!
What did the CHP do?
Kılıçdaroğlu's first message on Özgür Özel's new party announcement