Cyprus – Zero VAT rate temporarily applicable to certain food products

The Cypriot government has approved a 0% VAT rate for certain food products:

  • milk
  • bread
  • eggs
  • baby food

This temporary measure expires on October 31, 2023.

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From July1, 2024, olive oil will be added to the list of essential products taxed at a 0-rate during periods of inflation (4% under normal conditions).
From July1, 2024, olive oil will be added to the list of essential products taxed at a 0-rate during periods of inflation (4% under normal conditions).
This rate cut was due to end on April 30, 2024. However, the Cypriot government has decided to extend until June 30, 2024, the temporary application of the 0% VAT...
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