Cyprus has extended a zero VAT rate on essential fresh produce until the end of 2026. The measure, announced by the Tax Department following a decree dated 21 November 2025, applies from 1 January to 31 December 2026 and covers a specific list of vegetables and fruits. Businesses must comply with the decree’s provisions to qualify for the zero rate.
From 1 January to 31 December 2026.
The decree lists specific vegetables (potatoes, tomatoes, onions, garlic, leeks, cabbage, cauliflowers, broccoli, lettuces, chicory, carrots, radishes, cucumbers, peas, beans, aubergines, peppers, mushrooms, spinach, courgettes) and fresh fruit (bananas, figs, avocados, citrus fruits, grapes, melons, watermelons, apples, pears, apricots, peaches, cherries, nectarines, plums, strawberries, kiwis).
They must ensure compliance with the provisions set out in the decree, ensuring that only the specified categories receive the zero VAT rate.
Get VAT and indirect tax news delivered to your inbox twice a week.
No spam. Unsubscribe anytime.
SPL · 3 days ago
Cyprus has extended deadlines for VAT, VIES, and the Special Taxi Scheme to 20 January 2026, allowing submissions and payments without penalties. Businesses must be aware of the new penalties that will apply after this date. The extension covers VAT returns for the period ending 30 November 2025, VIES returns for December 2025, and the flat‑rate scheme for urban taxis from 1 July to 31 December 2025.
Bloomberg Tax · 9 days ago
Cyprus Tax Agency extended the filing and payment deadline for certain VAT obligations to Jan. 20, 2026. The extension covers VAT returns for the period ended Nov. 30, 2025, VIES summary tables for December 2025, and flat‑rate declarations for the special urban taxi regime. Late filing may incur a 10% additional VAT and a €100 penalty.
LinkedIn Article by Emma Jones · about 7 hours ago
The article explains the UK Cash Accounting for VAT scheme, which allows VAT-registered businesses to pay VAT only when they receive payment, aligning tax liability with cash flow. It highlights the £1.35 million projected turnover threshold, the scheme’s benefits and limitations, and ongoing discussions about raising the eligibility threshold.
LinkedIn Article by VAT Consult · about 7 hours ago
Belgium will implement a new VAT rate structure from 1 March 2026, shifting take‑away meals and many leisure services to a 12% rate while raising the rate for furnished accommodation to 12% and moving plant protection products to the standard 21% rate. The changes also refine drink taxation in restaurants and preserve 6% rates for specific cultural performances.
LinkedIn Article by Jeyhun Mammadov · about 7 hours ago
The article explains the EU VAT Directive’s call‑off stock simplification, which exempts the transfer of goods between Member States from VAT when a single, predetermined customer is known. It contrasts this with consignment stock, which triggers a deemed intra‑Community supply and requires VAT registration in the destination country. Practical compliance requirements such as maintaining stock registers, submitting EC Sales List reports, and potential Intrastat reporting are also outlined.
LinkedIn Article by Axalv Truiq Labs · about 9 hours ago
The German e-invoicing market is projected to grow from USD 15.2 billion in 2024 to USD 41.86 billion by 2033, driven by EU Directive 2014/55/EU and a 13.5% CAGR. Cloud-based solutions dominate the market, holding over 70% share, while large corporations represent about 60% of the market and SMEs are rapidly expanding. The analysis highlights regulatory mandates, market segmentation, and strategic opportunities for technology providers.
