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Greece VAT changes 2023

Greece VAT changes 2023

Find out what changes have been made to Greece VAT in 2023, including the extension of the 6% and 13% reduced rates.

In an effort to reduce the impact of inflation and the economic difficulties arising from the COVID pandemic and energy crisis, Greece has made a number of changes to VAT rates for 2023. Here are the main updates to Greek VAT.

Extension of 13% and 6% Greece VAT rate reduction

The Greek government has extended the 13% VAT rate reduction applied to non-alcoholic drinks, supplies and imports of works of art, dance schools and gyms, passenger transport, and zoo tickets until December 31, 2023.

Also being extended to December 31, 2023, is the reduction to 6% of the Greece VAT rate on personal hygiene and protection products, including face masks, gloves, soap, antiseptics, and ethyl alcohol. Some services, such as cinema tickets, and theatre and concert tickets, will also remain at 6% until the end of 2023.

No Greek VAT on new buildings until 2024

No Greek VAT on new buildings until 2024

To encourage investment, the 24% Greece VAT rate normally applied to the purchase of new properties has been suspended until 2024. This means that anyone buying a new build property in Greece (whether foreign or a citizen) will not have to pay the VAT on property until 2024.

December 13, 2023
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Lorem Ipsum has been the industry's standard dummy text ever since the 1500s,
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when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries
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