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Accounting & Tax Blog


5% Reduced VAT Rate on building or acquisition of a primary residence
5% VAT Reduced Rate Cyprus Property 2026: Which Regime Applies to You? If you are buying or building your primary residence in Cyprus, the 5% VAT reduced rate Cyprus property 2026 is still available but the rules depend entirely on when your applied for a planning permit or when it was obtained. The Cyprus Tax Department clarified on 4 May 2026 that there are now two distinct regimes, each with different coverage limits and deadlines. Regime 1 - Previous Rules: 5% on First 20

Ledgerro
May 122 min read
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