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Government warned splitting VAT rate for hospitality could lead to underpayment and tax manipulation
The Government has been advised that splitting the VAT rate for food and accommodation within hospitality could lead to underpayment and manipulation of the tax. The coalition is expected to reduce ...
Uncertainty around the 2025 budget and the now-abandoned VAT hike has left businesses counting the cost of last-minute policy reversals, with many having already adjusted prices and systems in ...
Minister of Economic Affairs Michael Halkitis said yesterday that the government’s decision to remove value-added tax (VAT) ...
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