CHANGES IN THE VAT RATES

The Council of Ministers of the Turkish Republic of Northern Cyprus decided to change the Value Added Tax rates on some of goods and services.

The Decision of The Council of Ministers was published in the Official Gazette on 16th June 2023 and the new rates have become applicable as from this date.

The Goods that will be subject to 0% (zero percent) Value Added Tax are:

a)Milk and any dairy products.
b) Cattle and small animal, poultry, fish and their meat (except pond fish) and unprocessesd products from these animals and eggs.
c) Vehicles for the people who require spacia care like wheel chair and other vehicles.
d) Water services (including bottled water and the water supply services of the municipalities and local administrations).
The Council of Ministers also decided on expanding the list of goods which will be subject to 0% rate Value Added Tax (VAT).

These new addition are : f) All types of baby napkins, sanitary napkins, pads and care supplies for the elderly, sanitary pads and other hygeine materials for the ladies and girls.
g) All types of medical gloves and masks.
h) Edible vegetable oil.
I) Olives.
j) Fresh vegetables.
k) Loca produced products from grapes.
l) Gold fish, bird food,cat and dog food.
m) Oil left over from the enterprises operations which can be used for recycling.