Paphos People

Finance Minister Makis Keravnos said on Monday that they are working towards lowering the VAT rate in general in Cyprus, adding that the government would mostly likely also further extend a measure already in place for axing rates on some products.

On Friday, an initiative to cut the VAT on certain products down to 0 per cent went into effect, as a measure to combat inflation.

FULL Story here:- https://cyprus-mail.com/2023/05/08/government-may-lower-vat-on-more-products-says-finance-minister/

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Dave
Moira And Dave

“I know that you believe you understand what you think I said, but I'm not sure you realize that what you heard is not what I meant.”