'Kado' Prabowo Untuk Masyarakat di 2025

Summary

In a recent announcement, the Indonesian government revealed a series of tax changes and economic stimulus packages. Starting January 1, 2025, the VAT rate will rise to 12%, but essential goods like rice and basic healthcare services will remain exempt. The government will also absorb the VAT increase for key items such as flour and sugar. Additionally, citizens will benefit from subsidies like discounted electricity, tax breaks for low-income workers, and support for businesses, especially in the textile and manufacturing sectors. This initiative, dubbed as a 'gift' to the people, aims to boost purchasing power and stimulate the economy.

Takeaways

• 😀 The Indonesian government will increase the Value Added Tax (VAT or PPN) to 12% starting January 1, 2025.
• 😀 Basic goods such as rice, certain fish, and essential items will remain VAT-exempt, including services like education and healthcare.
• 😀 The government will subsidize the 1% increase in VAT on some goods, ensuring no price increase for essential products like sugar and flour.
• 😀 Premium goods, including luxury food items (e.g., premium rice and meat), medical services, and premium education, will continue to be subject to the full 12% VAT.
• 😀 The government has introduced a stimulus package to support households, small businesses, and workers, focusing on economic recovery and public welfare.
• 😀 Food assistance will be provided to 16 million households from January to February 2025, ensuring better access to basic goods.
• 😀 Lower-income households will receive a 50% discount on electricity bills, specifically for those with power usage below 2,200 VA.
• 😀 Workers facing layoffs will have easier access to job loss insurance, providing a safety net for unemployed individuals.
• 😀 Labor-intensive sectors like textiles, footwear, and furniture will receive tax incentives, and workers in these sectors will have their income tax (PPH 21) subsidized by the government.
• 😀 The government will provide various incentives for strategic industries, including tax cuts for manufacturing, transportation, and essential services to bolster economic growth.
• 😀 Overall, the government's policy aims to protect purchasing power, stimulate the economy, and ensure a fair distribution of resources among sectors most affected by the economic changes.

Q & A

What is the government's plan for the Value Added Tax (VAT) in 2025?

The government plans to raise the VAT rate to 12% starting from January 1, 2025, although not all goods will be subject to the increase.

Which essential goods will remain exempt from VAT?

Basic goods such as rice, eggs, vegetables, fish, and other essential products will remain VAT-free, as well as services like education, healthcare, and public transportation.

How will the government offset the VAT increase for essential goods?

The government will absorb the 1% VAT increase on essential goods by covering the additional cost, ensuring that the price of these goods and services does not change for consumers.

What are some examples of goods that will still be subject to VAT under the new regulation?

Items like cooking oil, premium meat, premium rice, and certain other high-end food products will still be subject to the 12% VAT rate.

What types of services are exempt from VAT under the new policy?

Services like education, healthcare, social services, public transportation, and certain religious and financial services will be exempt from VAT.

Will luxury goods still be exempt from VAT?

No, luxury goods such as premium rice, expensive meats, high-end fish, and premium medical services will now be subject to VAT.

What type of support will the government provide to low-income households in 2025?

The government will provide food aid, including rice for 16 million recipients, and will offer discounted electricity for low-income households with a power rating of 2,200 volt-amps or lower.

How is the government supporting workers who have been laid off?

The government will ease access to unemployment benefits for workers who have been terminated, helping them through the transition period.

What economic sectors will benefit from tax incentives in the new policy?

The government will provide tax incentives to key sectors, such as labor-intensive industries, small and medium enterprises (SMEs), and the manufacturing sector, including exemptions from income tax for workers in certain sectors like textiles, footwear, and furniture.

What is the total value of the fiscal stimulus packages aimed at supporting the economy?

The fiscal stimulus packages are valued at over 265 trillion IDR, covering various sectors including food, transportation, and housing to support economic recovery and household purchasing power.