Friday, 26 July 2013

Reduced VAT in Greece, Restaurants and Cafes


From 1st August, make sure that restaurants and cafes display the "sign of conformity" and pass on the reduced VAT rate to customers. Check menus carefully! Ask to see

το ειδικό σήμα συμμόρφωσης, που θα πιστοποιεί στους καταναλωτές ότι η μείωση του ΦΠΑ «πέρασε» στις τιμές.

Article in Greek 

Restaurants and cafes that reduce their prices by at least 5% for three quarters of the products included in their price lists and menus can obtain the special mark of conformity, which will certify to consumers that a VAT reduction has been "passed" on in terms of genuine lower prices for customers.

The label will indicate in Greek and English that prices have been reduced because of the VAT reduction.

Mind you, the VAT reduction is 10%, from 23% to 13%!

To Vima International

Update and partial explanation

A more cynical view from Keep Talking Greece (update)

VAT Cut Confusion (Kathimerini)

Setting a good example (Global Greek World)

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