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v.a.t rates in north cyprus

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Jayne62


Joined: 19/10/2008
Posts: 93

Message Posted:
23/12/2010 10:19

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Message 1 of 3 in Discussion

im a bit confused , as i am told that different rates of vat apply to different things in n.c , can anyone tell me if i had a new swimming pool put in , what rate of v.a.t would i pay to the builder ?.



Pippie


Joined: 02/12/2009
Posts: 1288

Message Posted:
23/12/2010 15:25

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Message 2 of 3 in Discussion

There's so many rates and they do change often, wouldn't it be easier to ask the builder to quote you for the final cost inclusive of KDV (ie, VAT)? Then you'll get the prevailing rate which they should stick to?





Sorry I can't answer your question but I tend to work on roughly 5% on food, 8% on some electricals, 20% on selling a car, and a ball park figure of 16% on everything else.



andrew4232



Joined: 04/07/2009
Posts: 1543

Message Posted:
23/12/2010 16:47

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Message 3 of 3 in Discussion

i would have thought that the price quoted was inclusive of any taxes that maybe due



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