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VAT on Electricity Changes

The Council of Ministers met today, and approved a new measure, on how VAT will be applied to electricity bills.  The new format, which has the approval of the European Union, will see that VAT is charged ‘according to consumption levels.’

This new measure will come into force later this year, thus helping thousands of families and people living on their own.

Samantha Gannon

info at madeira-weekly.com

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