June comes along with tax tsunami

1 June 2016
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From today many goods and services become more expensive as of June 1st the new VAT hike comes into effect with the rate growing from 23% to 24%, while the salaries continue shrinking.

Greek citizens will be called to pay more for their everyday needs, since the new VAT rate applies to everything, from food, clothing and fuel to telecommunications, tickets and restaurants.

Moreover, the cost for Internet and subscription television services has been increased while the discount on VAT applied to remote islands has been abolished.

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