VATupdate
VAT

COVID-19: Greece Extends Reduced VAT Rate for PPEs, extension payment of VAT liabilities expiring in Nov 2020 until 30 April 2021

Greece has published Law 4753/2020 in the Official Gazette, which includes certain tax measures in relation to the ongoing COVID-19 pandemic. One of the main measures is an extension of the 6% reduced VAT provided for products needed for protection from COVID-19 and to prevent its transmission, including:

  • masks and gloves;
  • antiseptic solutions, wipes, and other preparations;
  • soap and other preparations for personal hygiene; and
  • ethyl alcohol, if used as a raw material for the production of antiseptics.

This rate reduction was scheduled to expire on 31 December 2020 but will now apply until 30 April 2021.

Source Orbitax

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