News merchants will pass on the rise in

merchants will pass on the rise in


On the 1st of January, the government has increased the full rate of VAT from 19.6% to 20% and the middle rate (which relates to the transport and hospitality in particular) of 7% to 10%.

It is used to finance the CICE, the tax credit competitiveness employment, which will reduce burdens on businesses to 10 billion euros in 2014 and $ 20 billion per year from 2015.

At Reims, some traders have already planned to pass this increase on prices. Reporting Martin Bourdin :

A guest on France Bleu Champagne-Ardenne at 8.10 am was François Béguin, the president in the Ardennes of the Umih, the union of the trades of the hospitality industry :


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