Cyprus: Temporary zero VAT on specific goods extended to 30 June 2024
Temporary application of zero VAT rate on specific goods has been further extended to 30 June 2024
Temporary zero VAT on specific goods extended to 30 June 2024
The temporary application of a zero value added tax (VAT) rate on specific goods (which previously fell under either the standard VAT rate of 19% or the reduced VAT rate of 5%) has been further extended to 30 June 2024.
Goods falling under the zero VAT rate:
Effective since 5 May 2023 up to 30 June 2024
- Bread
- Milk
- Eggs
- Baby food
- Women's hygiene products
- Diapers for infants
- Adult diapers
Effective since 1 November 2023 up to 30 June 2024
- Coffee
- Sugar
Effective since 1 December 2023 up to 30 June 2024
- Fresh, chilled or frozen meat, and edible meat offal
- Fresh or chilled edible vegetables and certain roots and tubers
Read an April 2024 report prepared by the KPMG member firm in Cyprus
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