The Cyprus Tax Department has released Circular 235 to clarify a number of significant aspects, among others, regarding
(i) the categories of vouchers affected;
(ii) coupons not constituting vouchers;
(iii) single and multi-purpose voucher distinctions;
(iv) timing of VAT accounting; and
(v) implications for intermediary sellers and purchasers.
Source: EY
Latest Posts in "Cyprus"
- Northern Cyprus Cuts Fuel VAT from 10% to 0%
- 2026 Cyprus VAT Guide: Essential Updates and Compliance Insights for Businesses
- Cyprus VAT Law: Key 2026 Amendments on First Occupation and Use of Immovable Property
- When is the supply of buildings and repair services subject to VAT?
- Cyprus Amends VAT Law on Real Property: New Rules Effective September 1, 2026
