Discounted VAT Rates in Some Service Sectors

• VAT rates applicable to some Goods and Services have been decreased from 18% to 8%,
• VAT rates applicable to some Goods and Services have been decreased from 8% to 1% until 31.07.2021.
• The 1% discounted VAT rate to be applied for overnight services provided in hotels, holiday resorts, has been extended until 31.07.2021.

Source: cottgroup.com

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