Croatia

Croatia is preparing a VAT cut on fresh meat and fish

Safety & Legislation

Finance Minister said he hopes to see some price corrections next year because of that measure.

Posted on Dec 05 ,10:27

Croatia is preparing a VAT cut on fresh meat and fish

Croatia expects a growth of 2.9% in 2019 and that forecast will be accompanied by some fiscal measures meant to reduce the tax burden on citizens and companies, announced the country's Prime Minister Andrej Plenkovic.
"We expect that growth in 2019 will be 2.9 percent and that the revenue side of the budget is based on the growth of economic activity, but also on the third stage of our tax reforms aimed at reducing the tax burden on citizens and companies", said Plenkovic, according to Xinhuanet agency.
The Croatian government has in plan to send to the Parliament a bill regarding a VAT cut, from 25% to 15%, on foods such as fresh meat, fish, fruit, and vegetables. Finance Minister Zdravko Maric said he hopes to see some price corrections because of that measure.

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