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Proposal to Reduce Value Added Tax by 2% in Last 6 Months of 2024

  • Greece has fixed a temporary 13% reduced VAT rate to become permanent starting on 1st July 2024
  • Taxis and takeaway beverages will remain at 13%, while onsite beverages will return to 24%
  • The Greek Ministry of Finance confirmed the change, which was originally implemented due to COVID-19
  • The standard VAT rate of 24% will apply to drinks served on premise from cafes and similar establishments

Source: baochinhphu.vn

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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