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VAT Refund for Non-Resident Tourist Act, nilagdaan ni PBBM
PTVPhilippines
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1 year ago
VAT Refund for Non-Resident Tourist Act, nilagdaan ni PBBM
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00:00
Tourists may be able to refund 12% value-added tax on their purchase of Filipino products.
00:07
That's what Clayzell Pardilla wrote.
00:11
Social media communication with Melfie's relatives and friends is very fast.
00:17
She's still hesitating to use it.
00:20
She says that it sometimes causes her stress.
00:23
There are things that children should not see.
00:26
Like those who fight.
00:28
You can see their clothes.
00:30
I hide it so that I can't see it anymore.
00:32
There are a lot of things that are done in school.
00:35
That's what causes stress to Kathy's daughter.
00:38
That's why she's discarding it as a parent.
00:40
There's really a bonding.
00:42
We go out, we go to church.
00:44
So that they can still enjoy their childhood.
00:49
To take care of the mental health or well-being of the children,
00:54
President Ferdinand R. Marcos Jr. passed the Basic Education Mental Health and Well-Being Promotion Act.
01:02
It aims to improve the mental health of elementary and secondary school students.
01:10
Under the proposed law, care centers will be established in schools.
01:15
4,600 plantilia positions will be opened for school counselors
01:22
who will provide free counseling, stress management, and reduce the stigma of mental health.
01:28
When our learners and school personnel are mentally healthy, academic performance improves.
01:34
Absenteeism decreases and a culture of compassion and understanding flourishes.
01:41
Beyond being a safeguard to our youth and school personnel,
01:46
this law is also an investment in the intellectual, emotional, and social future and development of our nation.
01:53
The VAT Refund for Non-Residents Tourists Act was also passed today.
01:58
It is expected to attract tourists while introducing the Philippines as a prime shopping destination in Southeast Asia.
02:07
This will allow non-residents to claim a 12% value-added tax refund for local products purchased here in the country,
02:18
which amounts to Php 3,000 per transaction.
02:22
According to President Ferdinand Marcos Jr.,
02:25
it is expected that the expenses for tourists in the country will increase by 30%
02:30
which is a big help for small businesses and local industries.
02:35
This VAT refund program will help put a spotlight to our rich local offerings.
02:41
Our signature products such as marikina shoes, the intricate hand-woven textiles from the northern provinces,
02:48
the timeless craftsmanship of Filipino barong all stand to benefit from this measure.
02:54
These products tell our stories.
02:57
And now, with a VAT refund, they will be able to be more accessible to global consumers,
03:03
elevating, once again, our stature in the global market.
03:07
The revenues of the country will increase due to the VAT refund mechanism for our tourists.
03:15
And what that means is that the income of our small and medium enterprises will increase
03:22
and there will be more jobs for our countrymen.
03:25
Kalei Zalpardilla for Pambansang TV in Bagong, Philippines.
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