Sri Mulyani's Subordinates Ensure That The Increase In VAT Tariffs Is 12 Percent Still Valid Next Year

Expert Staff To The Minister Of Finance For Macroeconomics And International Finance Parjiono

JAKARTA - Expert Staff to the Minister of Finance for Macroeconomics and International Finance Parjiono admitted that he would continue to carry out the mandate of the Law on Harmonization of Tax Regulations (UU HPP), namely related to value added tax (VAT) to 12 percent in January 2025.

Parjiono said that until now it is still in the process of heading towards the policy.

"So, we are still in the process of going there, meaning it will continue," Parjiono said at Sarasehan 100 Economist, Wednesday, December 3.

Parjiono said that the 12 percent VAT policy would continue to exclude the imposition of VAT on goods and services in maintaining the purchasing power of lower class people, such as rice and various services such as education and health.

"We can see, especially in terms of maintaining people's purchasing power, the exceptions or exceptions are clear what the poor, health, education and so on there. So that's what's rolling so far," he said.

Parjiono conveyed that the government is currently focusing on maintaining people's purchasing power so that social protection programs will continue to be carried out such as subsidies and tax incentives.

"Buying power is one of the priorities, we also strengthen subsidies, social safety nets, if we look at tax incentives, we enjoy more middle and upper class," he said.