Tidöpartierna Proposes Temporary VAT Reduction on Food
Tidöpartierna coalition proposes a VAT reduction on food to save families money.
Key Points
- • Tidöpartierna plans to cut VAT on food from 12% to 6%.
- • The tax reduction is expected to take effect from April 1, 2026, to December 31, 2027.
- • Families could save approximately 6,500 kronor annually on food costs.
- • The initiative aims to reduce the financial burden of rising food prices.
The Tidöpartierna coalition in Sweden has announced a proposal to temporarily reduce the Value Added Tax (VAT) on food from 12% to 6%. This initiative aims to alleviate the financial burden on families by making food prices more affordable. The planned change is set to take effect starting April 1, 2026, and will remain in force until December 31, 2027. Government estimates suggest that this reduction could save a family with two children around 6,500 kronor annually in food expenses. The proposal is positioned as a response to the increasing cost of living, providing direct economic relief to consumers who are struggling with rising grocery prices.