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Cyprus VAT easements for coronavirus crisis

Cyprus implemented on 27 March delays on penalties for VAT payments for all businesses. This is an update as previously only businesses below €1 million turnover or with a 25% reduction in turnover we...Continued

Cyprus abandons COVID-19 VAT cut

Cyprus has abandoned a cut in its standard VAT rate from 19% to 17% until May 2020. It will instead provide payment deferrals ...Continued