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ARTICLE · 12 NOVEMBER 2024

Zero VAT Rate Imposed On Basic Items For The Period 4/11/2024 – 31/12/2025

On October 31, 2023, the Tax Department announced a new measure introducing a zero VAT rate on a range of essential items, effective from November 4, 2024, through December 31, 2025.

CyprusTax

On October 31, 2023, the Tax Department announced a new measure introducing a zero VAT rate on a range of essential items, effective from November 4, 2024, through December 31, 2025. This initiative is aimed at reducing the financial burden on consumers for key everyday products, impacting both individual consumers and businesses handling these items.

List of Items Under Zero VAT Rate:

  1. Baby milk (liquid and powder)
  2. Diapers (for children and adults)
  3. Feminine hygiene products (tampons, sanitary and incontinence pads)
  4. Fresh or chilled vegetables
  5. Potatoes, tomatoes
  6. Garlic, onions, leeks, and similar vegetables
  7. Broccoli, cabbage, cauliflower
  8. Lettuce (Lactuca sativa) and radishes (Cichorium spp.)

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