The consumption of fresh fish accumulates a decrease of 15% in the last 10 years
The fishing sector insists on the reduction of VAT on fish to 4% as a formula to alleviate the crisis derived from COVID-19
Friday, October 16, 2020, 05:00 (GMT + 9)
According to Cepesca, the social impact of this measure would be enormous by facilitating access to fish products, necessary for a healthy diet, to the most disadvantaged citizens
Madrid - The Spanish Fisheries Confederation (CEPESCA)
insists on its historical demand to reduce the VAT on fishery products as a solution to the crisis it is going through, motivated by the partial closure of the HORECA channel and the reduction of coastal tourism due to restrictions that requires the fight against the COVID-19 pandemic. According to the sector, this situation, which is expected to continue in the coming months, has reduced the sale of fishery products by 20% and puts at risk the continuity of the activity of many vessels and jobs.
On the other hand, the crisis that the HORECA sector is going through has not been offset by the consumption of fishery products in fishmongers and supermarkets that, with slight decreases, after the rebound registered during the weeks that the state of alarm lasted in our country, keeps stable. However, the forecasts that the sector manages indicate that, as the economic crisis worsens, many families will be forced to reduce their spending on food, penalizing the acquisition of fresh products compared to other processed and packaged, but cheaper .
Likewise, there is great uncertainty about the peak sales that Christmas consumption usually represents, due to the instability when designing scenarios due to the health crisis and the social and movement restrictions that it will impose. In fact, and according to the data of the National Federation of Provincial Associations of Retail Employers of Fish and Frozen Products (FEDEPESCA), for the retail trade these sales can reach 25% of the total for the whole year.
The VAT for fresh fish at some european countries►
Depending on the sector, this situation could be alleviated by reducing the VAT levied on fishery products (10%), down to a reduced VAT of 4% currently applied to other basic products, such as milk and bread; and as other EU countries have already done, including Germany.
Access to fresh products Likewise, and depending on the sector, with this measure, in addition to alleviating the pressure on the profitability of its activity, the diet of the Spanish population would also be enriched due to the quality of the proteins from fish and shellfish. to those of other products, and especially among vulnerable populations, such as children or the elderly, even more so in the highly uncertain panorama
According to Javier Garat, Secretary General of Cepesca, “over the next few weeks we are going to reinforce our request to the Executive to reduce the VAT on fishery products. We believe that it is a fair measure that, in addition to benefiting a sector severely affected by COVID-19 but which has known how to maintain its commitment to society during the hardest part of this pandemic, it can have a tremendously positive social effect for the population, even more so with the outlook for the economic crisis that is emerging. Like other economic sectors - Garat concludes -, such as the automobile sector or the tourism sector itself, they obtain the endorsement and support of our Government, we believe that it is paradoxical that a fishing power like Spain, dedicated to providing healthy food, does not concentrate the same attention ”.