Loading...
topic
HOME  /  NEWS  /  LOWER VAT FOR HOME RENOVATIONS TO 5%

News

Search News
Lower VAT for home renovations to 5%

Lower VAT for home renovations to 5%

The government has lowered the value added tax (VAT) for repair and reconstruction work on residential units from the universal 19% to 5%, valid for all homes, including non-primary. The lower VAT will apply in renovations of all dwelling units, and not just in the case of primary residence, as was the case until now.

Related News

On 28 November 2022, the Registrar of Cyprus Companies announced that access to the UBO Register of Cyprus for the general public is suspended as of 23 November 2022.
The new website of the International Academy of Financial Crime Litigators, of which Andreas Erotocritou is a Fellow, has just been launched.
We are delighted to announce that our firm has, once again, been recognised by IFLR1000 as one of the leading firms in Cyprus in the financial and corporate sector.