French parliament approves tax boost for repair artisans
30/10/2024
On October 26, France’s lower house of parliament, the Assemblée Nationale, voted in favour of lowering the rate of value added tax (VAT) for repairs of shoes and leathergoods from 20% to 5.5%.
FFCM said this lower rate of VAT represented “true recognition of the key role that our artisans play in the preservation of our savoir-faire and in the transition towards a more sustainable economic model”.
Image: FFCM
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