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Cyprus Extends VAT Rate Cuts on Essential Goods Until June 2024

  • Cyprus has extended VAT rate cuts on essential goods until 30 June 2024
  • VAT rates reduced from 5% to 0% for milk, bread, eggs, and baby food
  • VAT rates reduced from 19% to 5% for detergents, fabric softeners, toilet paper, baby and adult diapers, and cleaning supplies

Source: fiscalsolutions.co.uk

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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