- Greece has made changes to its VAT rates for 2023 to reduce the impact of inflation and economic difficulties caused by COVID pandemic and energy crisis.
- The 13% and 6% VAT rate reductions for non-alcoholic drinks, works of art, dance schools, gyms, passenger transport, zoo tickets, personal hygiene and protection products, cinema tickets, theatre and concert tickets have been extended until December 31, 2023.
- In addition, the 24% VAT rate for new properties has been suspended until 2024 to encourage investment.
Source Taxually
Join our Linkedin Group on ”VAT Rates – Legislative changes”, click HERE
Latest Posts in "Greece"
- myDATA: New API for Digital Delivery Note (Phase B) Now Available in Test Environment
- VAT Treatment of Car Purchases and Sales by Businesses under the Standard VAT Regime
- VAT Suspension on Unsold Properties Extended for Constructors Until December 31, 2026
- Greece Amends VAT Code: 30% Rate Cut for Small Islands, TV Levy Abolished from 2026
- VAT IT eezi webinar – European E-Invoicing Spotlight: Greece, Poland, Croatia & Spain (Nov 27)
