More changes for Greece from 20 July 2015

7 August 2015

As part of the reforms recently committed to by the Greek government, from 20 July 2015 the 13% reduced VAT rate was increased to the 23% standard rate on various types of goods and services including:

  • All standard and processed foods
  • Various services relating to works of art
  • Passenger transport
  • Entertainment tickets for various events (including concerts, sporting events, circuses, fairs, amusement parks, zoos and exhibitions).
  • Restaurant and catering services
  • Medical and dental services (if these are not already exempted)
  • Repair services (including bicycles, shoes and leather goods as well as the renovation and repairing of old private residences)


The reduced rate of 13% remains applicable to energy and water and fresh food will now also have this rate applied.  In addition, as of 1 October 2015, hotel and similar accommodation will also subject to the reduced rate of 13%.

The super reduced VAT rate will decrease from 6.5% to 6% on a very small number of goods and services including drugs, medicines, books and theatre tickets.

LATEST NEWS

Brexit: actions to help you prepare

The transition period after Brexit comes to an end this year and even if a trade deal is agreed, there will be a host of changes to the current VAT regime that...

SEE MORE
LATEST NEWS

Costa Rica to introduce VAT on electronic services...

From 1 October 2020, Costa Rica will introduce VAT at 13% on the provision of electronic services by non-resident companies. At present, foreign businesses...

SEE MORE
LATEST NEWS

Indonesia confirms VAT on foreign e-commerce from 1...

From 1 September 2020, the Indonesian tax authorities will introduce VAT at 10% on all e-services transactions made by non-resident companies. Currently...

SEE MORE

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.