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VAT Rate Changes in Greek Budget 2024: What You Need to Know

  • The Greek Budget for 2024 includes changes in the VAT rate for various supplies.
  • The reduced VAT rate of 13% will be extended until June 30, 2024 for taxis and self-serve coffees.
  • The reduced VAT rate will become permanent for urban, suburban, land, and railway transport, tour packages, gyms, health supplies, cinemas, and theatre tickets.
  • The high VAT rate of 24% will be restored for soft drinks served (not water).
  • The changes will take effect on January 1, 2024.
  • The Ministry of Finance will monitor the impact and make adjustments if necessary.

Source: fiscal-requirements.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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