5 Major Developments in Cyprus

5 Major Developments in Cyprus

• Cypriot government extends VAT rate cuts on essential goods until April 2024

• The Impact of Zero VAT in Cyprus: Price Hikes and Government’s Decision to Extend

• 5% VAT on the Purchase or Construction of a new residence – New Legislation enactment
• Abolition of the provision of Special Sponsorship for the Purchase or Construction of a Residence
• New Tax Administration Portal-Tax For All (TFA)

Country Guides

• Value Added Tax (VAT) Guidelines: Cyprus

Deduction (Input Tax Credit)

• Tax Facts & Figures 2023 – Value Added Tax The Tax System In Cyprus

Exemption

• Tax Facts & Figures 2023 – Value Added Tax The Tax System In Cyprus

Importation

• Tax Facts & Figures 2023 – Value Added Tax The Tax System In Cyprus

Intra-Community Transactions

• Tax Facts & Figures 2023 – Value Added Tax The Tax System In Cyprus

Rate

• Cypriot government extends VAT rate cuts on essential goods until April 2024

• The Impact of Zero VAT in Cyprus: Price Hikes and Government’s Decision to Extend

• Cypriot Government Extends VAT Rate Cuts on Essential Goods

• Temporary Reduction of VAT Rates (0%) on Specific Products

• Zero VAT in Cyprus fails to prevent price hikes for many products

• Imposition of a zero VAT rate on essential items as of November 1, 2023

• September Snippets: Latest Headlines from the World of Indirect Tax

• Cyprus Extends Temporary Zero VAT Rate for Basic Goods

• Cyprus Extends VAT Cut on Essentials till 30 Apr 2024

• Portugal and Cyprus – Extension of the zero VAT rate on essential goods

• Zero VAT Rate Extended for another Six Months

• VAT Reduction Policy ‘Very Successful’ says State

• Cyprus to Extend zero VAT Rate

• Zero VAT on sugar is nothing more than a publicity stunt

• Cyprus Coffee and Sugar added to Zero VAT Products

• New super-reduced rate of VAT at 3%

• Cyprus Amends Scope of Supplies Subject to 3% and 0% VAT Rates

• Introduction of a super-reduced VAT rate of 3%

• Cyprus new reduced VAT rate at 3%

• Cyprus Introduces 3% VAT rate

• Reduced VAT rates for certain goods and services

• Introduction Of A Super-Reduced Rate And Application Of The 0% Rate

• Cyprus Introduces 3% Reduced VAT Rate

• Reduction of VAT rate for certain products and services

• Cyprus introduces 3% VAT rate and adds goods to 0% VAT list – Law published

• 5% VAT on the Purchase or Construction of a new residence – New Legislation enactment

• Temporary application of Zero VAT rate (0%) to selected food and socially significant products

• Cyprus introduces 3% VAT rate and adds goods to 0% VAT list

• Tax Facts & Figures 2023 – Value Added Tax The Tax System In Cyprus

• International VAT Rate Round Up: July 2023

• Zero VAT Impacts Prices of Consumer Goods in Past Month

Real Estate/Immovable Property

• 5% VAT on the Purchase or Construction of a new residence – New Legislation enactment
• Tax Facts & Figures 2023 – Value Added Tax The Tax System In Cyprus
• Abolition of the provision of Special Sponsorship for the Purchase or Construction of a Residence

Refund

• Abolition of the provision of Special Sponsorship for the Purchase or Construction of a Residence

Reporting / Compliance

• VAT Reduction Policy ‘Very Successful’ says State

• New Tax Administration Portal-Tax For All (TFA)