Buy a motorcycle would be more expensive from next year



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This was recorded in the final draft of the law which, after a series of amendments, left two articles intact: the consumption tax on motorcycles over 200 cubic centimeters and used houses worth 900 million, reported La República.

The economic environment has specified that, in general, this rate of impoconsumo would also apply to yachts, pleasure boats or sports boats, boats, boats rowing and canoeing.

Luis Alberto Rodríguez, Deputy Minister of Finance, explained in an interview with Blu Radio that although some elements remained intact in the project, his backbone, which was VAT on the family basket, was not going away. more.

Rodriguez told the station that these changes would not increase the original 14 billion pesos, as only 7.5 trillion pesos will be reached.. However, it is expected to freeze some spending, as a measure of austerity, to release more money for the budget.

Although the manager did not clarify the impoconsumo to 200cc motorcycles and homes, they specified that these are articles that will be debated in the next four weeks in the legislature.

It is important to note that, in the housing issue, the financing bill provides for a 2% consumption tax for residences of more than 26,800 UTV, or $ 888 million, La República explained.

The discussion on this initiative should begin in the coming days. In fact, President Iván Duque badured that, if necessary, he would convene additional sessions to approve the said project.

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