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HORA: VAT increase does not bring money to the budget, but bankruptcies and massive layoffs
Representatives of employers in the hospitality industry claim that increasing VAT from 11% to 21% in this area would practically mean bankruptcy for many companies, which will lead to massive layoffs, which will bring new pressure on the state budget in terms of unemployment benefits that the public budget should pay.
Representatives of employers in the hospitality industry claim that increasing VAT from 11% to 21% in this area would practically mean bankruptcy for many companies, which will lead to massive layoffs, which will bring new pressure on the state budget in terms of unemployment benefits that the public budget should pay.
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