VAT calculator for Cyprus
Works in both directions and knows all five Cyprus rates — including the 3 per cent rate most calculators leave out.
The five rates, and what falls under them
- 19 % — Standard rate. Applies to everything not expressly assigned to another rate.
- 9 % — Reduced, including accommodation, restaurant services and domestic passenger transport.
- 5 % — Reduced, including food, pharmaceuticals and printed books.
- 3 % — The rate many overviews leave out entirely — newspapers, waste and sewage services, and aids for people with disabilities.
- 0 % — Zero rate, for example exports and intra-Community supplies. Not the same as an exemption: input tax remains deductible.
Three things this calculator will not tell you
Which rate applies to your supply. That follows from the schedules to VAT Law 95(I)/2000, not from a calculator. The rate selector here assumes you already know the category — if you do not, the classification is the part worth getting advice on, because it is where the real money sits.
Whether you have to charge VAT at all. Registration is compulsory once taxable supplies exceed €15,600 over twelve months, or are expected to within 30 days. Below that, registering is voluntary — and often worth it, because otherwise input VAT becomes an unrecoverable cost.
A zero rate and an exemption are not the same thing. With a zero rate input tax remains deductible; with an exemption it does not — and that is the difference that costs money.
How the rounding works here
Net and gross are rounded to the cent once, at the end, and the VAT figure is derived as the difference between the two. That is deliberate: rounding net and VAT separately and then adding them produces totals that are a cent out — the most common defect in hand-built VAT calculators, and the kind of thing that makes an invoice fail a reconciliation.
The temporary zero rate on basic goods is not offered as an option. It is a time-limited measure rather than a rate of the ordinary system, and a calculator that kept offering it after expiry would quietly produce wrong invoices. It is covered, with its end date, in the article on VAT registration.