Cyprus – Change of VAT rate for accommodation and hospitality services

From 1st July 2020 to 10th January 2021, a 5% VAT rate will be apply to accommodation and hospitality services. Usually, these services are taxed at the 9% VAT rate.

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Until then, the print and electronic media were taxed at 9%. It will now be taxable at 0%. This change takes place on January1st, 2023.
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