VATupdate

Share this post on

Commission approves €33 million Cypriot scheme deferring payment of VAT to support companies affected by coronavirus outbreak

The €33 millionCypriot scheme will allow the delayed payment of VAT by companies affected by the coronavirus outbreak. This will help businesses to address their immediate liquidity constraints and continue their activities in these difficult times. The Commission works in close cooperation with Member States to swiftly approve measures during these difficult times, in line with EU rules.

Sources:

* click here if you have interesting news to share *