From the 13 January 2014 there will be some changes to the VAT rates in Cyprus as follows:
- Standard rate of VAT increased to 19% from 18%;
- Reduced rate of VAT increased to 9% from 8%; and
- The super reduced and zero rates will remain unchanged.
From the 13 January 2014 there will be some changes to the VAT rates in Cyprus as follows:
Related Posts
The Sultan of Oman issued a Royal Decree No. (23/2025) announcing the ratification of the income tax treaty with Cyprus on 3 March 2025. The agreement was signed on behalf of the Government of Oman by Nasser Khamis Al Jashmi, Chairman of the Tax
Read MoreThe Cyprus Tax Reform Team presented its tax proposals to key stakeholders at the Presidential Palace on 26 February 2025. The proposals will soon be open for public consultation before being submitted to the Council of Ministers for approval and
Read MoreKyrgyzstan's Cabinet of Ministers has approved an income tax treaty with Cyprus on 28 January 2025 following negotiations that concluded in April 2024. The treaty aims to eliminate double taxation on income while preventing tax evasion and
Read MoreThe Cyprus Tax Department announced, on 14 February 2025, the issuance of the 10-year government bond yield rates as of 31 December 2024 for various countries related to the Notional Interest Deduction (NID) on equity. These rates will determine
Read MoreThe Cyprus Tax Department announced, on 12 February 2025, that it has further extended deadlines for submitting the annual company income tax return and the summary information table (SIT) on controlled transactions for the 2022 tax year. The
Read MoreCyprus has published the Companies (Amendment) (No. 5) Law of 2024 in the Official Gazette on 6 December 2024, implementing the public Country-by-Country (CbC) under Directive (EU) 2021/2101 which establishes a reporting threshold for companies with
Read More