Increase coefficient VAT from 1 June 2016

Increase coefficient VAT from 1 June 2016

According to the circular, issued by the Ministry of Finance, among other things determined that, from 1/6/2016:

-The standard rate of VAT is adjusted from 23% to 24% (the reduced and the reduced rate remains at 13% and 6% respectively), and

-The 30% reduction in VAT rates is abolished in eleven additional islands: Syros, Thassos, Andros, Tinos, Karpathos, Milos, Skyros, Alonissos, Kea, Antiparos and Sifnos (for the islands Thira, Mykonos, Naxos, Paros, Rhodes and Skiathos, the abolition is already valid from 01.10.2015).

In order to change the VAT rate in our applications, our interested customers are kindly requested to leave a message with their data at the telephone numbers of company 210 8076 856 or 210 6236 788 and our technician will contact them for the execution of the new Setup.

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