Solons seek tax cuts for low-power users | Jovee Marie de la Cruz

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Solons seek tax cuts for low-power users | Jovee Marie de la Cruz
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Partylist lawmakers are pushing for the passage of a bill exempting households with a total monthly consumption of 200 kilowatts per hour (kWh) and less from the imposition of value-added taxes (VAT).

PARTYLIST lawmakers are pushing for the passage of a bill exempting households with a total monthly consumption of 200 kilowatts per hour and less from the imposition of value-added taxes .

It is vital to provide a little more support for the low-income earners who could no longer keep up with the rising prices of goods and services, the lawmakers said. Exempting the low-income households from the payment of VAT will be a huge relief as it would translate to a discount of almost P 1.20 per kWh, or roughly P240 per month, the bill added.“Our daily routines are crippled without a reliant supply of electric power,” the solons’ explanatory note added.

According to the lawmakers, this obvious dependence on electricity gave power firms and inequitable leaders unrestrained control as to the charges imposed against the helpless consumers.

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