20 July 2021

Greece – Standard and Reduced VAT Rates Lowered

On 20th July 2019, the Greek government introduced a bill to reduce the standard VAT rate from 24% to 22%, and the reduced VAT rate from 13% to 11%. The government has also proposed a VAT Suspension in the building sector.

Parliament has not yet passed the Act and therefore no implementation date is known at present.

20 July 2021

OTHER VAT BRIEFS VAT rates

Estonia: New increase in standard VAT rate

From July1st, 2025, the standard rate of VAT in Estonia will rise from 22% to 25%.

Country Briefs

Estonia

VAT rates

25 July 2024

Spain – changes concerning olive oil

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).

Country Briefs

Spain

VAT rates

4 July 2024

Switzerland – standard vat rate may be raised to 8.5

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).

Country Briefs

Switzerland

VAT rates

1 July 2024

Cyprus – Extension of the 0% VAT rate on some essential products

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...

Country Briefs

Cyprus

VAT rates

22 May 2024

Other VAT infoGreece