AKEL's Tax Proposals to Support Households
December 4, 2025
AKEL is proposing six tax changes aimed at improving the economic condition of households. These include a VAT reduction to 5% for electricity and zero VAT on certain basic goods. Additionally, a tiered fee for companies based on their property value is suggested. The goal is to reduce the tax burden for households and restore imbalances in the current system. AKEL seeks to create a fairer and more effective tax framework.