Keterangan Pers Presiden Prabowo: Tarif PPN 12% Hanya Barang & Jasa Mewah, Jakarta, 31 Desember 2024

Introduction

This tutorial provides a comprehensive overview of the recent announcement by President Prabowo regarding the increase in the Value Added Tax (PPN) rate in Indonesia. The increase to 12% will specifically target luxury goods and services, while basic necessities will remain at a 0% tax rate. This guide will explain the implications of this tax change and the supporting government initiatives.

Step 1: Understand the New PPN Rate

• The PPN rate has been increased from 11% to 12%.
• This new rate will apply only to luxury goods and services, such as:
  • Private jets
  • Yachts and motor yachts
  • High-value luxury homes

Step 2: Recognize the 0% PPN Rate for Basic Necessities

• Essential goods and services will continue to have a 0% PPN rate, including:
  • Basic food items (e.g., rice, meat, fish, eggs, vegetables, fresh milk)
  • Education services
  • Health services
  • Public transportation services
  • Simple housing
  • Drinking water

Step 3: Know the Legal Basis for the Changes

• The PPN increase is mandated by the Undang-Undang Nomor 7 Tahun 2021 concerning Tax Regulation Harmonization.
• The increase has been implemented in stages:
  • From 10% to 11% in April 2022
  • From 11% to 12% starting January 1, 2025

Step 4: Understand the Rationale Behind the Increment

• The phased increase aims to minimize significant impacts on public purchasing power, inflation, and economic growth.
• The government emphasizes that these tax policies are designed to prioritize the welfare of the people and promote economic equity.

Step 5: Review the Government's Stimulus Package

• The government has announced a stimulus package valued at 38.6 trillion IDR to support the public, which includes:
  • Rice assistance for 16 million recipients (10 kg per month)
  • 50% discount on electricity for customers with a maximum capacity of 2,200 volts
  • Financing for labor-intensive industries
  • Income tax incentives for workers earning up to 10 million IDR per month
  • Exemption from income tax for small and medium enterprises (UMKM) with revenues below 500 million IDR annually

Conclusion

The increase in the PPN to 12% on luxury goods highlights the government's strategy to balance taxation with public welfare. While luxury items will incur higher taxes, essential goods remain exempt to protect the basic needs of the population. The accompanying stimulus package aims to mitigate the financial impact on citizens. It's essential to stay informed about these changes and how they may affect your financial situation and purchasing decisions in the coming years.