In 2025, the Indonesian government will provide various tax incentives to encourage growth in strategic sectors deemed crucial to economic recovery. The manufacturing sector will be one of the largest recipients of these incentives, according to the tax expenditure allocation in the 2025 Draft State Budget, demonstrating that manufacturing remains the backbone of the government's fiscal efforts.Business Economics) In this context, the use ofCheap Accounting SoftwareIt is very helpful for manufacturing companies to record tax incentives and integrate financial data with tax modules efficiently. (Invest in Asia)
The agriculture, forestry, and plantation sectors also received substantial incentive allocations. The government recognizes that this real sector has significant potential to increase food self-sufficiency while boosting commodity exports, making fiscal incentives through tax reductions well-targeted.Business Economics) For agricultural business actors, an effective bookkeeping system can be realized by Cheap Accounting Software which records investments and incentives in a transparent and easily reported manner. (Invest in Asia)
Equally important, the financial services and insurance sector will also receive incentives in 2025. VAT incentives are provided for financial and insurance services as part of efforts to maintain liquidity and financial system stability while supporting economic recovery.Business Economics) For companies in the financial services sector, Cheap Accounting Software be a practical solution for managing financial transactions and ensuring that tax facilities are recorded correctly. (IKPI)
Labor-intensive sectors such as textiles, footwear, furniture, and leather also enjoy government-paid Article 21 Income Tax (DTP) incentives in accordance with PMK 10/2025, especially for employees with a certain income, as a measure to support the workforce in labor-intensive industries.Tax Statistics) Companies in labor-intensive sectors can obtain maximum benefits by usingCheap Accounting Softwarewhich can record payroll data, calculate PPh 21, and integrate it with tax reports. (Tax Statistics)
In addition, the electric and hybrid vehicle sector will also be a focus of government incentives in 2025 through the extension of the VAT DTP and PPnBM DTP facilities for low-carbon battery vehicles, as part of the push for a low-emission energy transition. For automotive companies developing electric vehicles,Cheap Accounting Software allows for automatic recording of these incentives in financial reports, facilitating auditing and monitoring.
Contact Thrive for bookkeeping solutions. With an experienced team familiar with the latest tax regulations and incentives, Thrive will help you maximize available tax benefits through accurate and systematic bookkeeping.