- 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"
- Government Announces Significant VAT Reduction for Border Islands Starting January 2026
- Greece Implements EU Small Business VAT Scheme with EUR 10,000 Threshold
- Greek Finance Minister Addresses Tobacco Tax, Savings Union, and Stablecoins at EU Meetings
- Greece Introduces Mandatory Electronic Invoicing for Businesses Starting February 2026
- Greek Parliament Considers 2026 State Budget Bill with VAT Suspension Extension