VAT news tagged as "Holiday islands"

Greece

Greece raises VAT on island

October 20th, 2016

From 1 January 2017, Greece will withdraw the 30% VAT rate discount from the last group of holiday islands. The islands included are: Lesvos, Chios, Samos and Kos. The discount was given from the mainland standard VAT rate to help curtail reducing population rates on the remote islands.  The standard VAT rate in Greece is …