The Cyprus Tax Department has announced a further extension of the temporary application of the zero VAT rate on basic goods, meats, and vegetables until 30 September 2024. The temporary application of the zero VAT rate was previously extended to 30 June 2024. The latest extension was approved by the Council of Ministers on 28 June 2024. The zero VAT rate on basic goods covers all types of bread, milk, eggs, baby food, baby diapers, feminine hygiene products, adult diapers, coffee, and sugar. The zero rate has applied for basic goods since 5 May 2023, except for coffee and sugar,...