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Sweden wants to fight waste with new tax breaks for repairs

by LiveModern Webmaster last modified Sep 25, 2016 01:06 AM
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by Julie M. Rodriguez last modified Sep 21, 2016

  The Swedish government is unveiling an intriguing plan to discourage throwaway culture. The new proposals would slash the VAT tax rate on repairs to bicycles, clothes, and shoes by half in order to encourage consumers to reuse their old items rather than simply replacing them. The law would also allow residents to claim back income taxes on the cost of repairs to large appliances such as ovens, dishwashers, and washing machines.   The tax breaks are the work of Sweden’s...




 

 


 

 

 
 
 

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