![Spain’s Pedro Sanchez announces VAT hike on electricity bills: Tax will rise to 10% and could more than double next year](https://www.theolivepress.es/wp-content/uploads/2023/05/sipausa_46221969-490x327.jpeg)
Spain’s Pedro Sanchez announces VAT hike on electricity bills: Tax will rise to 10% and could more than double next year
VAT rates on domestic electricity bills in Spain will double in the New Year from 5% to 10%. Prime Minister Pedro Sanchez announced the move