The first day of 2025 will be a difficult day for young couples: the VAT will increase by a percentage, and the prices of the new apartments will rise accordingly. The contractors' discounts will also be completely deleted.
Will apartment prices rise? Definitely. Is it time to bring zero VAT back to life? It is time to increase salaries of public servants and release grants for the release of new service. It is also time to give soldiers and reservists who reach 1.5 million NIS a discount on their first apartment. This decision also created wall-to-wall problems in the approval of the law, according to the legal advisor to the Knesset at the time, Dr. Yanon Eyal. It was a discriminatory law, which harms equality towards populations that do not serve that serve, Eyal said. It should be done by increasing salaries of servants and releasing grants for new service, he said. The law that was canceled was intended to allow the purchase of a first apartment from a contractor without value added tax. Even then the law was supposed to go into effect.