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  • Controversial VAT hike formally comes into effect

    The General Secretariat of Public Revenue published a circular on Tuesday which outlines the changes to the VAT for a variety of…

    The General Secretariat of Public Revenue published a circular on Tuesday which outlines the changes to the VAT for a variety of goods and services.

    As expected, the circular introduces changes in the following goods and services, which will become more expensive:

    • Tobacco products (cigarettes, rolling tobacco etc)
    • Electronic cigarettes
    • Alcoholic beverages (abolition of special discount in the Dodecanese islands)
    • Introducing a special tax on beer
    • Energy products (natural gas, diesel and gas)
    • Coffee

    The circular is available online

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