- Cyprus’ Council of Ministers approved Decree No. 349/2024 to apply a temporary zero VAT rate on essential items
- The zero VAT rate will be in effect from 4 November 2024 through 31 December 2025
- Basic items such as baby milk, sanitary products, and specified fruits and vegetables will be included
- A previous temporary zero VAT rate for essential supplies expired on 30 September 2024
Source: taxathand.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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