As a part of the measures to support companies facing liquidity problems due to the COVID-19 pandemic, the Ministry of Finance, further to its announcement made on the 6th of May 2021 regarding the deferment of the VAT payments due on 10/5/2021, 10/06/2021 and 10/07/2021 by 3 months (10/08/2021, 10/09/2021 and 10/10/2021), it proceeded with a second announcement on the 22nd of July 2021 by which it offers a further deferment for the settlement of the vat dues for the same VAT quarters by another 2 months.
Source Kinanis
Contribution by Ms. Demetra Constantinou
Partner – Accounting & VAT Department
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