The tax break used to be available to everyone, but now they've introduced some conditions. What changed? Who can use the discount now, and who won't be able to anymore? How will this affect the price of children's items?
As far as I know, starting in 2024 there are income restrictions for families to get the tax benefit on children's goods. Previously the discount really did work for everyone without exception, but now you need to prove that the per capita family income doesn't exceed a certain threshold. It's better to check the exact figures with the tax office or on the official FTS website, because these thresholds get indexed periodically. The thing is, the benefit is now targeted - it'll go to people who actually need it, and families with high incomes won't be able to use the discount anymore.
To get the benefit, you'll need to collect documents confirming your income (pay stubs, bank statements, or tax returns) and submit an application. The process got more complicated, but it makes sense - the government is focusing help where it's actually needed.
As for prices, they probably won't change much overall. For those who still qualify for the benefit, children's goods will stay cheaper; for everyone else prices will be normal. Stores won't raise prices because of the narrower benefit - it's just that some customers now won't get the discount. This will have minimal impact on big chain stores, but smaller shops that rely on these benefits might feel a drop in demand.
Log into answer.
