Increase of VAT rates

Within the scope of the continuous information disclosed to you on part of our company, we would like to inform you that from 01.10.2015 and onwards the VAT rates will increase in all product categories and the applied rates will become equal to the rates of the rest of the country, that means that

the normal rate of 16% will become 23%,

the reduced rate will increase from 9% to 13% and

the highly reduced rate will increase from 5% to 6,5%.

These increases will apply to the following islands: Rhodes, Mykonos, Paros, Naxos, Santorini, Skiathos.

NOTE: This article does not cover advisory, but only informational purposes, and cannot serve, as a basis for further actions, on the part of   the reader. Reception of specialized advice is required.

Our company does not hold any responsibility for any actions, taken by the readers, based on the present article.

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