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V.A.T. (VALUE ADDED TAX)
V.A.T. has been introduced in Cyprus on the purchase of all goods and
services at the
standard rate of 8%. It is not necessary for prices quoted to include
V.A.T.
Foodstuffs, medical products, children's clothing, children's
footware, and other items of
necessity are zero rated.
Bank services, newspapers, magazines, books and airfares are
exempted.
For further information you may apply:
- V.A.T. Department, Lefkosia,
Tel: (02) 302995
Fax: (02) 367965
- Cyprus Consumers' Association,
Tel: (02) 451092, 474543
Fax: (02) 467080
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