- 0% VAT rate on basic food and women’s hygiene products in Cyprus will expire on 30th April 2024
- VAT rate will revert to 5% for basic food products and women’s hygiene products starting 1st May 2024
- VAT rate for adult and infants diapers will revert to 19%
- Reduction to 0% VAT was part of the government’s “Anti Inflation Shield” package introduced in May 2023
- Extension of 0% VAT rate was previously set to expire on 31st October 2023, but was further extended till 30th April 2024.
Source: meridianglobalservices.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.
