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Home » News » Funds call for halving of VAT on medication

Funds call for halving of VAT on medication

Posted by: Franklyn Tunnicliff  |  Category: News  |  Views: 3

The pressure on the Red-Green Government, halving VAT on medicines is growing Berlin–in view of the danger of further contributions of health insurances. This reports the newspaper “Das Handelsblatt”. The head of the BARMA Ersatzkasse Eckhart Fiedler calls in the face of dramatically increasing since January drug spending a power word of the German Chancellor, to break the resistance of Finance Minister Hans Eichel (SPD). His Ministry strongly rejected the proposal. However, Health Secretary Edwin Smigielski declared ongoing reflections in his Ministry his. A halving of VAT would relieve the coffers to DM 3.5 billion in the year. This is the sum to which they are charged in addition this year because of various changes in the law. Except for Germany, only Denmark charges the full VAT on medicines in the EU. In some countries such as Britain and Ireland, they are entirely exempt from VAT. (dbw)

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