Cyprus Extends Temporary Zero VAT Rate for Basic Goods, Meats, and Vegetables

The Cyprus Tax Department has announced the extension of the temporary application of the zero VAT rate on basic goods, meats, and vegetables until 30 June 2024. The extension was approved by the Council of Ministers on 19 April 2024.

The zero VAT rate on basic goods covers all types of bread, milk, eggs, baby food, baby diapers, feminine hygiene products, adult diapers, coffee, and sugar. The zero rate has applied for basic goods since 5 May 2023, except for coffee and sugar, which have be…