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Home News Economy

Papadopoulou: Starting tomorrow, VAT on electricity will be reduced from 19% to 9%

VAT reduction comes into effect from tomorrow

Famagusta News by Famagusta News
31/03/2025
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The reduction in the Value Added Tax rate on EAC accounts, from 19% to 9%, will be implemented from tomorrow.

Speaking on the Morning Schedule, EAC Press Spokesperson Christina Papadopoulou stated that the reduced rate will be in effect for one year, for all household consumers, who number almost 500.000.

It is estimated that for a consumption of 800 kilowatt hours every 2 months, consumers will save approximately 20 euros.

Source: riknews

Tags: EACDRIFT
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