VAT rate changes
The economic effects of the Pandemic are still being absorbed by some countries, both in Europe and globally. Amplified by soaring energy prices, an unavoidable side-effect of these colliding difficulties is the adjusting of VAT rates, which allows countries to stabilise their economies.
Greece, to this effect, has extended the reduced 13% and 6% in the country for following sectors until 31 December 2023:
- ·non-alcoholic drinks
- specific works of art
- dance schools
- gyms and passenger transport
- zoo tickets
- personal hygiene and protection products
- cinema tickets
- theatre and concert tickets
Greece is a compliant territory for Kofax and our e-invoicing solution supports all valid VAT rates in the country.
You can read more about e-invoicing in Greece on our country-specific dedicated page here.