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Posts Tagged ‘VAT’

Extension of Temporary Application of Zero VAT Rate for Essential Items

On 13 September 2023 the Council of Ministers of the Republic of Cyprus approved the extension of the application of the zero rate of VAT on selected food and socially essential products.

Reduced VAT Rate on Purchase or Construction of New Residence

On 8 June 2023 the Cyprus Parliament approved the bill on the application of a 5% VAT rate on the purchase or construction of a property to be used as the main and permanent residence by the buyer/s.

Temporary Application of Zero VAT Rate for Essential Items

On 2 May 2023 the Council of Ministers of the Republic of Cyprus approved a Decree which amends the VAT Law in order to provide for a zero rate of VAT on supplies of specific items.

Extension of VIES Deadline

The Tax Department announced on 3 May 2023 that the deadline for submission of VIES forms for April 2023 is also extended to 26 May 2023.

Further Extension of VAT Deadline

The Tax Department announced on 20 April 2023 that the deadline for submission of VAT returns, and payment of any amount due, for the VAT period from 1 December 2022 to 28 February 2023 is further extended to 10 May 2023.

Extension of VAT Return Submission Deadline

The Tax Department announced on 17 March 2023 that the deadline for submission of VAT returns is extended as follows...

Tax For All Portal Going Live

The Tax Department announced that the Tax For All Portal will go live on 27 March 2023.In the announcement the Tax Department communicated the following  deadlines for submissions and payments.

Gradual Implementation of Tax For All Portal

Οn 17 January 2023, the Tax Department announced the commencement of the gradual implementation of the Tax For All (TFA) Portal. The portal is intended to replace in stages the TAXISnet platform as well as other systems and procedures.

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