- Maybank IB maintains a neutral view on Indonesia’s consumer sector
- VAT increase in 2025 is not a good idea according to Maybank IB
- Higher VAT rate of 12% may erode buying power due to weak purchasing power
- Scope and calculation of new VAT scheme includes different rates for luxury and non-luxury items
- Ministry of Finance plans to extend VAT to include premium foods, education, and services
- Sector EPS forecast for FY25 remains unchanged with expected volatility in 1Q25
- Short-term sales pressure expected in 1Q25 due to uncertainty about VAT application to staples
Source: businesstoday.com.my
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Indonesia"
- Finance Ministry Probes 40 Steel Firms for Rp5 Trillion Annual VAT Losses
- Finance Ministry to Inspect Steel Giants After Uncovering Widespread VAT Evasion Scheme
- VAT Registration and E-Faktur Compliance in Indonesia: Key Challenges for Foreign Investors
- Indonesia Reinstates 100% VAT Incentive for Home, Apartment Purchases up to Rp2 Billion in 2026
- Finance Ministry Offers 100% VAT Incentive for Home Buyers Throughout 2026
