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 Cyprus tax department issued Circular 3/2025 on 8 April 2025 to clarify value added tax (VAT) rules for unredeemed expired vouchers. The Circular focuses on single-purpose and multi-purpose vouchers. Single-purpose vouchers: VAT on
Read MoreThe Netherlands Council of Ministers has authorised the Minister of Foreign Affairs to sign an income tax treaty with Cyprus on behalf of Curacao on 4 April 2025. The DTA seeks to eliminate double taxation on income and prevent tax evasion or
Read MoreCyprus’ Commissioner of Taxation published Circular 2/2025 on 24 March 2025, outlining guidelines for rental property owners who haven't opted to exempt their property from VAT. The circular is valid until 31 December 2025. In Cyprus, renting
Read MoreThe 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 More