Reduced VAT rate for first-time home buyers: one in three are ineligible

Reduced VAT rate for first-time home buyers: one in three are ineligible
Reduced VAT rate for first-time home buyers:...
 © In-Cyprus 2024
About one in three people who benefitted from the reduced rate of 5% VAT for first-time home buyers and came under the microscope of the Tax Department in the past two months are ineligible. This is what Philenews reported on Thursday citing Finance Minister Constantinos Petrides who also said these buyers should be charged 19% VAT, totaling €16.2 million. The ineligible ones...


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Article automatically added to our system on Thursday, December 1, 2022

Reduced VAT rate for first-time home buyers: one in three are ineligible


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