According to a release from the Greek Ministry of Finance, several support measures will be introduced considering a surplus of approximately EUR 800 million in the 2023 budget. The main tax measure is the extension of the reduced VAT rate of 13% for passenger transport, coffee and non-alcoholic beverages, cinemas, gyms, etc. by 6 months until the end 2023. The application of the reduced rate was previously extended to 30 June 2023 as part of the 2023 budget.
Source: Orbitax
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