Yes to more discounts with the Free VAT Campaign of Travelbook.ph!
Do you love traveling but feel that your earnings are never enough to cover the cost? Do you always feel worried about the continuous price hikes on commodities? Are you one of those who complain about the high tax rate charged in the items and services you need?
It wouldn’t be surprising if you answered “yes” in any of these questions. Because among our neighboring countries, we, Filipinos, are the highest-paying taxpayers.
While well-performing ASEAN countries like Singapore and Malaysia are able to tone down Value Added Tax (VAT) charges at the minimum, the Philippines remains as the South East Asian country with the highest VAT of 12% in the ASEAN. Apart from this, the Philippines also ranks second in corporate income tax and personal income tax. Now that almost all purchases made are topped with tax, many Filipinos are struggling so hard to earn enough just to cover all their expenses.
With that, Travelbook.ph, the leading online travel agent (OTA) in the country, wants to ease such burden.
Just this July, Travelbook.ph launched its Free VAT Campaign wherein they shoulder the 12% VAT on all hotel bookings made by their customers.