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Friday, 13 November 2020, 15:06
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The government announced on Wednesday that it was reducing the rate of IVA (VAT) on disposable masks bought to protect from coronavirus from 21 per cent to four per cent.
Up to this week, Spain was among the European countries charging the highest rate. Faced with growing pressure over the expense of replacing masks for lower income families, the Finance minister, María Jesús Montero, made the announcement in parliament.
The government said it had asked permission from the EU to bend IVA rules, although the opposition said that it should have lowered the rate months ago.
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