- Cyprus will extend the 0% VAT rate on essential goods until December 2026.
- The extension covers baby milk, baby and adult diapers, feminine hygiene products, fresh/chilled vegetables, and fresh fruit.
- The measure aims to support vulnerable households with cost of living relief.
- The Ministry of Finance will review product prices and household needs annually and propose adjustments if needed.
Source: meridianglobalservices.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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