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Government tax break program for repair

The Swedish government is introducing tax breaks on repairs to everything from bicycles to washing machines so it will no longer make sense to throw out old or broken items and buy new ones. Sweden’s ruling Social Democrat and Green party coalition is set to submit proposals to parliament on Tuesday to slash the VAT rate on repairs to bicycles, clothes and shoes from 25% to 12%. It will also submit a proposal that would allow people to claim back from income tax half of the labour cost on repairs to appliances such as fridges, ovens, dishwashers and washing machines. The incentives are part of a shift in government focus from reducing carbon emissions produced domestically to reducing emissions tied to goods produced elsewhere. The proposals will be presented in parliament as part of the government’s budget proposals and if voted through in December will become law from 1 January 2017.


Read more at:

https://www.theguardian.com/world/2016/sep/19/waste-not-want-not-sweden-tax-breaks-repairs