All Posts in Tag: VAT

Decreased VAT charges for homes in Cyprus

[ad_1] On Thursday 29th July the plenary session of the Cyprus Parliament passed a legislation making it possible for for a 5% reduction in the VAT fee on the first 130 square metres of residences in Cyprus. Did a person say minimized VAT? The houses this regulation applies to contain the two houses and flats….

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Lawmakers again discuss reduced VAT on homes

[ad_1] Lawmakers on Monday discussed for the umpteenth time the matter of reduced VAT on homes, with reports suggesting the government will go back to the drawing board and present yet another bill to parliament right after the Easter holiday. The discussion at the House finance committee was held behind closed doors. Media reports said…

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EU extends deadline to modify home VAT laws

[ad_1] Lawmakers on Monday revisited the situation of lowered VAT on homes, with some making an attempt to instil a sense of urgency on the subject as the European Commission proceeds respiratory down Cyprus’ neck acquiring launched infringement proceedings in opposition to the Republic. The Residence finance committee talked about the issue in an amazing…

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Amend residence VAT regulations or else!

[ad_1] The European Commission has given Cyprus until finally mid-February to enact new laws governing the levying of minimized VAT on houses, otherwise it will go infringement proceedings ahead. Brussels is respiratory down Cyprus’ neck, permitting Nicosia know that unless of course it amends latest laws by February 15, it will advance infringement proceedings it…

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