Finland Reduces Food VAT
This is a The Consumer Union news story, published by Yle News, that relates primarily to VAT news.
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percent VAT rateYle News
•Business
Business & Economics
How much will groceries cost after proposed food VAT decrease?
78% Informative
Finnish government to reduce the value added tax ( VAT ) on food products from the current 14 percent to 13.5 percent .
But that change is expected to have minimal impact on consumers' disposable income.
The Consumer Union is sceptical whether the VAT reduction will be fully included in food prices.
Retailers say they plan to pass the savings on to customers.
VR Score
87
Informative language
92
Neutral language
72
Article tone
formal
Language
English
Language complexity
52
Offensive language
not offensive
Hate speech
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Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
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