Philippines Eases Household Burden: VAT Removed on System Loss Charges
The Bureau of Internal Revenue (BIR) in the Philippines has removed the value-added tax (VAT) on system loss charges included in electricity bills. This is expected to save average households at least P20 per month on their electricity costs. The government aims for the gradual elimination of system loss charges.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- TUCP Urges Removal of System Loss Charge in Electricity Bills
The Trade Union Congress of the Philippines (TUCP) is urging the government to remove 'system loss' charges from electricity bills, in addition to the value-added tax (VAT). The union argues that system loss is a result of distribution companies' inefficiencies and should not be borne by consumers.
- Legarda: VAT Removal on System Loss is First Step for Fairer Electricity Bills
Senator Loren Legarda stated that the removal of value-added tax (VAT) on allowable system loss charges is a significant step towards fairer electricity bills in the Philippines. This move is anticipated as part of broader reforms aimed at easing the burden on consumers.
- VAT on System Loss Charge Removed, Consumers to Benefit
The Philippines has announced the removal of the 12% value-added tax (VAT) on allowable system loss charges in electricity, a move expected to lower power costs and provide direct relief to consumers.
- Philippine Senators Seek Further Electricity Cost Relief
Several Philippine senators are intensifying efforts to push for broader electricity cost relief, including the removal of value-added tax (VAT) on residential bills and the total elimination of system loss charges. While welcoming the VAT removal on some charges, concerns remain that it is insufficient to significantly ease the burden on citizens.