Displaying items by tag: vat

Since the beginning of 2023discussion of the imposition of measures on the short term rental market has been on the table, which, while it has brought revenue to the state, has created a problem with the availability and prices of properties for rent and sale, especially in urban areas.

The government is proceeding with the reduction of VAT on drugs and services related to cancer, government spokesperson Stelios Petsas said during a press briefing on Tuesday.

A reduction of VAT on all foods to 13 percent, down from 24 percent for many foodstuffs at present, is expected to bring a significant drop in the household basket of goods price.