EU green lights reduced VAT on first homes – minister
The European Commission has given the nod to the levying of the reduced 5 per cent VAT on first homes in Cyprus, the finance minister revealed on Monday.
Makis Keravnos made ...
Bill for reduced VAT on first homes to go to plenum June 8
Parliamentarians on Monday sounded upbeat that legislation regulating which homes would be eligible for reduced VAT will go to the House plenum for a vote on June 8.
The ‘sweet spot’ – ...
Back to the drawing board on VAT rates for first homes
Faced with pushback from MPs and building industry stakeholders, the government on Monday agreed to -again – rethink parts of a bill providing for reduced VAT on first homes.
The matter ...