System-loss VAT relief seen limited; deeper reforms urged

System-loss VAT relief seen limited; deeper reforms urged

By Justine Irish D. Tabile, Senior Reporter The removal of value-added tax (VAT) on allowable system loss charges will provide modest relief to electricity consumers, but broader power sector reforms are still needed to meaningfully bring down electricity costs, economists said. Former Finance Secretary Margarito B. Teves said the measure can be considered a “small […]

Source: BusinessWorld
https://bworldonline.com/economy/2026/09/16/777910/system-loss-vat-relief-seen-limited-deeper-reforms-urged/