VAT Calculator Cyprus ๐จ๐พ 2024
Calculate VAT (including / excluding /reverse) Cyprus [ 19 / 9 / 5 ] Online
Gross | 1,499.99 | ๐๏ธ |
---|---|---|
Net | 1,260.50 | ๐๏ธ |
VAT | 239.49 | ๐๏ธ |
Click on the button ๐๏ธ to copy the amount
VAT in Cyprus
VAT (Value Added Tax) is charged on every supply of goods or services.
What are the VAT rates in Cyprus?
There are 4 rates of VAT in Cyprus
Tax | % | Example |
---|---|---|
Standard Rate | 19% | applicable to the majority of goods and services |
Reduced Rate | 9% | services of restaurants and the supply of food, provision of accommodation in hotels |
Second Reduced Rate | 5% | services of writers, artists; foodstuff for animal, live animals, seeds, non bottled water, newspapers, books |
Zero Rate | 0% | supply, lease, and repair of seagoing vehicles and aircraft and related services |
Source: mof.gov.cy