- Cyprus reduced VAT to 5% for construction and renovation of buildings used for VAT-exempt educational purposes.
- The reduced rate covers both labour and materials.
- Applies to public schools, registered private schools, private tertiary colleges, and recognized training organizations.
- Private tutoring centres and extracurricular schools are excluded.
- The measure is effective from 5 December 2025.
Source: regfollower.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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