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Cyprus temporary cuts in hotel and transport VAT

As a result of the COVID-19 pandemic, the island of Cyprus is to reduce Value Added Tax rates on hotels and certain transport.

The changes involve a range of services moving from the reduced 12% rate to the 5% rate between 1 July 2020 and 10 January 2021. The services affected will be:

  • Hotel and other holiday accommodation
  • Domestic transport of passengers
  • Restaurant and catering services

You may look-up any global VAT and GST rates via VAT Calc’s global rate searchable database.

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