Cyprus VAT (ΦΠΑ) Guide & Calculator
Use our simple tool to calculate VAT in Cyprus. The Greek name for VAT is Fóros Prastithémenes Axías (ΦΠΑ). Our calculator helps you find gross and net prices for any of the current Cypriot VAT rates.
Current VAT Rates in Cyprus
Cyprus applies three VAT rates:
- Standard Rate (19%): This rate applies to most goods and services.
- Reduced Rate (9%): This rate applies to passenger transport services, restaurants and catering, and hotel accommodation.
- Super Reduced Rate (5%): The lowest rate applies to goods such as foodstuffs, medicines, books, newspapers, and gas.
History of VAT in Cyprus
Value Added Tax was introduced in Cyprus on July 1, 1992, with a single standard rate of 5%. The introduction of VAT was a crucial step in modernizing the country's tax system, especially in preparation for joining the European Union. Rates have been progressively increased over the years to align with EU requirements.
| Period | Standard Rate | Reduced Rate(s) |
|---|---|---|
| From 13/01/2014 | 19% | 9% / 5% |
| From 14/01/2013 | 18% | 8% / 5% |
| From 01/03/2012 | 17% | 8% / 5% |
| From 10/08/2005 | 15% | 8% / 5% |
| From 01/01/2003 | 15% | 5% |
| From 01/07/2002 | 13% | 5% |
| From 01/07/2000 | 10% | 5% |
| From 01/10/1993 | 8% | N/A |
| From 01/07/1992 | 5% | N/A |