07.07.22
Extension of VAT reduction on domestic energy
Inflation is rising sharply across Europe and governments are responding accordingly with a variety of fiscal measures.
Further to this, the Cypriot government has extended the reduction in VAT on domestic energy, from 17% to 9%, until 31 August 2022.
This was initially expected to end at the end of June 2022.
Compliance is complicated
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Browse Cyprus updates
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Extension of VAT reduction on domestic energy
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