|VAT %||Rate||What the rate applies to|
The standard VAT rate is 19% and it applies to all goods and services not taxed at the reduced or zero rates, or are VAT exempted.
The reduced rate is 9%. It applies to accommodation in the hotel sector and establishments with a similar character (hostels, motels, Airbnb), as well as cafes, restaurants and catering services including the supply of alcoholic beverages, the transport of passengers and their accompanying luggage within Cyprus by taxi, bus or sea vessel.
ref. Law 95(I)/2000 Schedule 12 / §18A
The second reduced VAT rate is 5% - this applies to services of writers, composers and artists, the supply of certain medicines and vaccines, food for human consumption, takeaway or delivery of food except for soft-drinks and alcoholic beverages, school canteens, gas in cylinders, animal feeding foodstuff, agricultural pesticides and plant protection materials, fertilisers, seeds, live animals, water supplies, non-bottled water, newspapers, books, magazines and periodicals, certain medical equipment aids and appliances for persons with special needs, the letting of camping sites and caravan parks, hairdressing services, construction, erection or supply of housing used as a permanent residence before its first occupation (subject to conditions), renovation and repair of private dwellings (limitations apply), children's car seats, treatment of waste and wastewater other than those provided by state authorities, entry fees to shows, theatres, cinemas, circuses, fairs, concerts, museums, amusement parks and similar cultural events, admission to sporting events and use of sporting facilities.
ref. Law 95(I)/2000 Schedule 5 / §18
Zero-rated supplies include, the export of goods, services related to the import of goods from non-EU Member States, the supply, hiring and repair of sea-going vessels and aircraft, the supply of services to meet the direct needs of sea-going vessels, goods under customs control or VAT warehousing arrangements, services in the framework of inward processing on behalf of principals resident outside the EU, the supply of travel package which is enjoyed outside of the EU, services of intermediaries related to transactions conducted outside the EU. Supply of goods to EU Member States is zero-rated provided that the goods have been exported or supplied to a VAT registered business.
ref. Law 95(I)/2000 Schedule 6 / §25
1 Jan - 31 Mar
1 Apr - 30 Jun
1 Jul - 30 Sep
1 Oct - 31 Dec
1 Feb - 30 Apr
1 May - 31 Jul
1 Aug - 31 Oct
1 Nov - 31 Jan
1 Mar - 31 May
1 Jun - 31 Aug
1 Sep - 30 Nov
1 Dec - 28/29 Feb