VATupdate

Finance Minister Defends VAT Reform Amid Consumer Savings Concerns

Finance Minister Michael Halkitis says the government’s VAT reform will not hurt consumers or business owners. As of April 1, VAT was removed from unprepared food items to ease checkout costs. Public concern remains over whether shoppers are...

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VATupdate Newsletter Week 23 2026

  SCATTER Suppose you’re standing in a room with a tiled floor, forty tiles in total. If you threw a bag of rice across the floor, what are the chances that each tile would end up with exactly the same number of...

VATupdate Newsletter Week 22 2026

FLOATING If you own a boat, a car, or a bike, chances are you’ve spent time repairing it. A flat tire, a loose plank, a wobbly wheel, or that embarrassing moment when your bumper lost a fight against a parking-lot pole...

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