Laws, Regulations & Policy VAT Cut On Restaurants Considered by GTP editing team 1 August 2012 written by GTP editing team 1 August 2012 0 comments Share 0FacebookTwitterLinkedinWhatsappEmail 7 Greece’s Economy Ministry is considering slashing taxes to enable national economic development, press reports said last month. According to reports, the ministry was looking into reducing the VAT rate on food catering services from 23 percent it stands today to either 13 percent or even 6.5 percent. Reduction of the VAT to 6.5 percent would see to a significant decline in prices. The VAT on food catering services (restaurants, cafeterias, canteens and hotel restaurants) increased last September from 13 to 23 percent (a 77 percent hike). The hike was one of the terms of an agreement with Greece’s creditors. Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece. Share 0 FacebookTwitterLinkedinWhatsappEmail GTP editing team This is the team byline for GTP. The copyrights for these articles are owned by GTP. They may not be redistributed without the permission of the owner. previous post Hotel Workers Sign New Contracts next post Independent Tourism Ministry Re-Established You may also like ECTAA: ‘EU Compass’ for Competitiveness to Strengthen Europe’s Travel Sector 31 January 2025 EU Launches Public Dialogue on the Future of European Auto Industry 31 January 2025 Greece Introduces Fines Up to €20,000 for Short-term Rentals Not Following New... 29 January 2025 Greece to Enforce New Rules for Short-term Rentals Starting October 1 20 January 2025 New Greek Tourism Bill Passed: Sustainability Measures and Rules for Airbnb-type Rentals 17 January 2025 Greek Hoteliers Sound Alarm Over High Municipal Fees 17 January 2025 Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. Δ
