Cyprus News: Zero VAT on essential goods

The approved amendment includes the imposition of 0% VAT rate, from 1 November 2023 until 30 April 2024, for the below goods:

  1. Bread (includes all kinds of bread, except pastries and any other bread-based products)
  2. Milk (includes fresh milk, sweetened milk, condensed milk, long-life milk, flavored milk and plant milk)
  3. Eggs
  4. Baby foods (in powder, dry or liquid form which are intended for consumption by children. Snacks are not included)
  5. Baby diapers
  6. Products for feminine hygiene protection (tampons, sanitary napkins and incontinence pads)
  7. Adult diapers
  8. Coffee (prepared drinks or beverages which have coffee as a raw material and consumed hot or cold are not included)
  9. Sugar (crystalline, fine, coarse, in cubes, in sachets)

 

It is noted that for the goods 1-7 listed above a zero VAT rate is already imposed as from 5 May 2023.