Greece - Reduced VAT Rates Extended

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Further to a previous bulletin we can bring you news that the reduced VAT rate on the islands of Chios, Kos, Leros, Lesvos and Samos will remain in place.

The 30% discount from the standard rate on these islands was supposed to end on June 30th but Prime Minister Alexis Tsipras announced that it will now remain until the end of 2018. The discount was introduced to try and help with the costs incurred as a result of the arrival of significant numbers of refugees.

Should you require any VAT assistance in Greece, or require any international VAT assistance, please contact us.

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