reduction of VAT on gas from 21% to 5% for three months
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Faced with the explosion of the gas bill, Spanish Prime Minister Pedro Sanchez announced a tax cut.
Spain, faced with a inflation above 10% year-on-year, will lower the VAT on gas from 21% to 5% from October until the end of the year, Prime Minister Pedro Sánchez announced on Thursday.
“As we enter the fall and winter, it seems reasonable to try to lower the heating billSpaniards, he said on radio Cadena Ser.
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