- Zero VAT rate reinstated on basic food and consumer items in Cyprus
- Applies to items such as baby milk, diapers, hygiene products, vegetables, and fruits
- Effective from November 4, 2024, until December 31, 2025
- Previously expired on September 30, 2024
- Decree KDP 349/2024 published on October 31, 2024
Source: sovos.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.
Latest Posts in "Cyprus"
- Cyprus Extends VAT Filing Deadline to August 27 Due to Tax Portal Downtime
- Cyprus Amends VAT Rules for Virtual Events: Customer Location Determines Taxation from 2025
- EU Initiates Infringement Procedure Against Cyprus for Incomplete VAT Directive Transposition
- EU Initiates Legal Action Against Cyprus and France for Failing to Implement Key Customs Systems
- Commission Urges Cyprus to Fully Transpose VAT Rates Directive