Cyprus Extends Reduced VAT on Electricity Bills for Households Until March 2027

• Cyprus will extend the reduced VAT on electricity bills for households until March 31, 2027.
• The extension was approved due to persistently high electricity prices.
• The measure was set to expire on March 31, 2026, but will now continue for another year.
• The extension is expected to cost the state about €40 million.
• The government aims to ease high energy costs and support household incomes with this decision.

Source: ekathimerini.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.

---

---