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

Emergency VAT measures to combat the financial impact...

Due to the negative financial impact that the Coronavirus pandemic is having on businesses all over the world, a number of tax authorities have implemented...

SEE MORE
LATEST NEWS

Portugal to reduce the VAT rate on gym and health club...

The Portuguese tax office has announced that the VAT rate on gym and health club memberships is to be reduced to 6%. To find out how this update could impact...

SEE MORE
LATEST NEWS

Netherlands extends COVID-19 VAT easements and payment...

The Dutch tax office has extended their Coronavirus VAT easements and payment extensions to 30 September 2020. To find out how this update could impact your...

SEE MORE

Gated Content

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