Swedish Citizens Get A Tax Break For Repairing Old Goods
A sustainability initiative encourages people to fix, rather than replace, broken objects
To take the motto of “Waste Not, Want Not” to a new level, the Swedish government decided to give their citizens tax breaks for repairing and reusing items that they already had instead of replacing them with new ones.
In a proposal that would go into effect starting next year, citizens who go to bicycle, clothing, shoe or appliance repair shops will be able to pay 12% in VAT tax, instead of the standard 25%. If the new legislative proposals are approved, the citizens that hire repairmen would also be able to claim a partial tax refund for the bill, in addition to the immediate tax break.