5% VAT on smaller first homes

Nicosia hopes to convince Brussels to end a legal process against Cyprus after MPs approved a law on 5% VAT for smaller first homes, which falls short of an EU directive. The

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House confident of latest VAT homes bid

Cypriot MPs are confident their latest compromise on reduced VAT for smaller first homes will convince Brussels to waive an infringement process launched against Cyprus. In comments to the Financial Mirror, the

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More items to get zero VAT

The government will add more commodities to a list of essential products carrying zero VAT to ease the cost-of-living crisis. Two weeks after introducing the first list of items with zero VAT,

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Zero VAT on essential items

The government will remove VAT on some foodstuffs to relieve households from inflationary pressures and a hike in interest rates, announced Finance Minister Makis Keravnos. Despite March seeing the lowest inflation rate

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Government mulling zero VAT on some items

The government is considering removing VAT on some foodstuffs to relieve households from inflationary pressures and a hike in interest rates. Despite March seeing the lowest inflation rate for 13 months, households

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