VATupdate

Share this post on

Extension of Zero VAT Rate for Essential Items: Cyprus Decree No. 231/2024 Update (03 July 2024)

  • Cyprus’ Council of Ministers approved Decree No. 231/2024 to extend the zero VAT rate on essential items
  • The extension is effective from 1 July 2024 through 30 September 2024
  • Basic items such as bread, milk, eggs, coffee, sugar, meats, and vegetables are included in the zero VAT rate

Source: taxathand.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.

Sponsors:

VAT news

Advertisements:

  • AXWAY - VATupdate Banner