The Minister of Finance, Tanczos Barna, announced, on Sunday afternoon, that work is being done on the elaboration of the budget and claims that the VAT will not increase.
Tánczos Barna, Minister of Finance PHOTO: The truth (archive)
After Tánczos Barna announced on Saturday that the government is preparing a tax reform and admitted that the VAT increase from 19% to 21% is being considered, a day later he changed his mind and announced that he will not increase the VAT, writes news.ro .
“We are preparing Romania’s budget for 2025. Tomorrow morning we will continue the meetings with the ministries”wrote, on Sunday, on Facebook, the Minister of Finance, Tanczos Barna.
He also added the information that VAT will not increase in 2025.
Tánczos Barna announced on Saturday that the government is preparing a tax reform and admitted that the VAT increase from 19% to 21% is being considered.
“Variants with an increase in VAT, the variant with merging the income tax with CASS, are being analyzed“, said Tánczos Barna.
Meanwhile, he stated that no one from the Government or the governing coalition wants to increase the VAT or the income tax.
According to Prime Minister Marcel Ciolacu, the budget for the current year should be adopted by the end of January.
