- A reduction of the VAT rate on electricity consumption in vulnerable households, from 19% to 5%, for a period of 6 months. The legislation applies to the period from 1/11/2021 until 30/04/2022.
- A reduction of the VAT rate on electricity consumption for other households, from 19% to 9%, for a period of 3 months. The legislation applies to the period from 1/11/2021 until 31/01/2022
Source: globalvatcompliance.com
Latest Posts in "Cyprus"
- Cyprus VAT Guide 2025
- Cyprus Extends VAT Filing Deadline to August 27 Due to Tax Portal Downtime
- Cyprus Amends VAT Rules for Virtual Events: Customer Location Determines Taxation from 2025
- EU Initiates Infringement Procedure Against Cyprus for Incomplete VAT Directive Transposition
- EU Initiates Legal Action Against Cyprus and France for Failing to Implement Key Customs Systems
