Tax reliefs pushed while gov’t fixes social aid system — Quimbo

MANILA, Philippines — Lawmakers are pushing proposals to provide tax relief by either suspending the collection of excise taxes and value-added tax (VAT) on fuel while the government tries to fix its social aid system, Marikina Rep. Miro Quimbo said on Friday. Quimbo explained that the proposals, particularly calls to suspend VAT collection or place a cap on VAT for fuel, are aimed at easing the burden of high fuel prices on consumers while the government finds a way to streamline its social aid program. The lawmaker, who heads the House of Representatives’ committee on ways and means, said the Department […]... Keep on reading: Tax reliefs pushed while gov’t fixes social aid system — Quimbo

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