Reduced VAT Rate 5%

Cyprus Lawyers G. Kouzalis would like to inform you for Application for the Reduced VAT Rate of 5% on the supply or construction of a private dwelling.

The objective of this Indirect Tax Update is to inform you that effective since 27 May 2024. Also, the application for the reduced VAT rate of 5% on the supply or construction of a private dwelling can only submit online, through the Tax For All (TFA) Portal.

Form Submission – VAT Rate 5%

Further, noted that the applications in hard copy forms could have submit to the local VAT District Offices only until 17 May 2024, so that the relevant data can transfer to TFA platform by 27 May 2024.  Since then all the applications must make online as above.

You can contact Lawyers in Cyprus G. Kouzalis for any further information on 00357 23811788 or lawfirm@cytanet.com.cy

 Disclaimer:

This article is provided for informational purposes only and does not constitute legal advice. Readers are advised to consult with legal professionals for advice specific to their individual circumstances.