Friday, July 23, 2010

What to Do With Your Transport Costs???

The BIR just announced they will start collecting 12% VAT on Toll fees. This is on top of the recently announced Toll increases.

The Public Transport companies have announced plans to ask for Fare Rate Adjustments. I assume even the Cargo Industry will likewise seek increases. The Oil Industry may also ask for pump increases as a lot of their fuel is transported overland.

No comments:

Post a Comment