House Bill proposes lowering VAT to 10% to ease inflation
A proposal to reduce the value-added tax (VAT) on goods and services from 12% to 10% has been filed in the House of Representatives to help ease inflation and provide relief to Filipino consumers. Batangas 1st District Representative Leandro Leviste introduced House Bill 4302, or the VAT Reduction Act of 2025, citing that government VAT…