Greece cuts restaurant and hotel VAT
- EU VAT
- May 10, 2019 | Richard Asquith
The Greek government has proposed cutting VAT on a number of services:
- Food and drink services from the standard 23% rate to the reduced 13%.
- Hotel and accommodation services from 13% to 11%
- Domestic gas and electricity VAT will be reduced from 13% to 6%
The measures will have to be approved by parliament, and would become effective on 1 May 2019.
Latest Greek news
January 25, 2019
The European Commission (EC) has proposed switching from unanimous to majority voting on EU VAT and other tax policies. The aim is to progress fiscal reforms which face immovable opposition from just a limited number of member states.
January 09, 2019
The EU VAT Directive has been updated from 1 January 2019 to introduce a voluntary generalised reverse charge measure on domestic transactions in member states.
January 4, 2019
Greece has again delayed the withdrawal of subsidised VAT rates on five islands. The 30% discount to the country’s standard rate of 24% and reduced rates of 13% and 6% applies to: Chios; Kos; Leros; Lesbos; and Somos.
Sign up for our free newsletter stay up-to-date with the latest tax news.
Sign-up to VAT Voice, Avalara’s monthly round-up about VAT and legislation updates to help you stay ahead of the curve.