Cyprus:
Amendment To The VAT Law - 2018
16 July 2018
Elias Neocleous & Co LLC
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The VAT Law has been amended to provide for the reduced rate of
VAT of 9 per cent to apply to non-exempt supplies provided by
nursing homes. The Value Added Tax (Amendment) (No. 2) Law of 2018,
Number 60(I) of 2018, amends the Twelfth Annex to the VAT Law of
2000 to 2018 to include provision of services and delivery of goods
by nursing homes which are not exempt transactions under point 7 of
Table A of the Seventh Annex.
The amendment took effect on 27 June 2018.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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