Wednesday, September 21, 2016

Would you pay to have your shoes repaired?

The Swedish Government believe by reducing the cost for labour it will decrease ‘the buy cheap and throw away culture’ and encourage instead a greater consumer confidence in ‘repair mentality.’ The Budget for 2017 will offer tax refunds to people who get their white goods repaired, like washing machines and dishwashers. The VAT rate will be cut from 25% to 12%, and the tax refund will let people reclaim half the labour cost of a repair to white goods and kitchen stoves. Further VAT rates charged on minor repairs to things like bicycles, shoes and clothes will also be reduced. The latest plan is being promoted as a way to create jobs for people who do not have high educational qualifications.

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