BillBuddy
Tags / VAT Reduction

VAT Reduction

Measures (2)
SBN-2047bill · in_committee

VAT REDUCTION ACT

The VAT Reduction Act proposes to lower the Value-Added Tax (VAT) from 12% to 10%, aiming to alleviate the financial burden on Filipino families by reducing the cost of goods and services.

Filed Apr 16, 2026
SBN-1916bill · in_committee

VAT REDUCTION ACT

The VAT Reduction Act proposes to lower the Value-Added Tax (VAT) rate from 12% to 10%, aiming to alleviate the tax burden on consumers and stimulate economic growth.

Filed Feb 26, 2026