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Anti-inflation shield, zero VAT rate. Commentary by Artur Soboń

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They are, of course, temporary in nature, stressed Artur Soboń, Deputy Minister of Finance, referring to the anti-inflation shield. – Certain elements of anti-inflation shields will stay with us for longer; Certainly, the zero VAT rate on food will be maintained until the end of this year, he announced.

During the European Economic Congress (ECE), the deputy head of the finance ministry referred to the question about the functioning of the elements of the anti-inflation shield. He pointed out that some solutions are being phased out, and some are replaced with others.

Zero VAT rate on food – deadline

Artur Soboń emphasized that “it is not that they are permanent”.

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– They are, of course, temporary in nature (elements of anti-inflation shields – editor’s note). Some, like the zero VAT rate on food, will stay with us for longer, he said. When asked how long the zero VAT rate on certain food products would be maintained, Soboń pointed out that “it is not only my decision, but certainly until the end of this year”. The representative of the Ministry of Finance admitted that with the current, very high level of food prices, food constitutes 27% of the average shopping basket of a Polish family.

Read more: Prices in stores accelerated. A new growth leader

Main photo source: Grand Warsaw / Shutterstock.com



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