The Budget Bill for 2023 covers:
- To extend the reduced VAT rate until 30 June 2023 (for passenger transportation, coffee, catering, cinema tickets, non-alcoholic beverages, tourist packages, gyms, dance centers and swimming pools.)
- To reduce the VAT rate to 6% from 13% for animal foods and fertilizers
- A temporary VAT cut rate of 24% for new buildings until 31 December 2024
Source: GVC
Latest Posts in "Greece"
- Procedural Fines Under Tax Procedure Code: Types and Content for Late Declarations
- Notification of Legal Opinion 18/2025 on VAT Treatment for Commonwealth War Graves Commission Expenses
- Optional Monthly VAT Declarations Introduced for Businesses with Simplified Accounting Until 31/12/2023
- Greece to Implement Mandatory B2B E-Invoicing for Large Companies Starting February 2026
- Optional Monthly VAT Declarations for Businesses with Simplified Accounting Starting by 31/12/2023
