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What VAT Rates are Included in Balabook?

Balabook allows you to create and configure additional VAT rates beyond the standard ones, based on your business requirements

All Balabook plans come with the standard Cyprus VAT rates preloaded, including:

-19% (Standard Rate)

-9% (Reduced Rate)

-5% (Reduced Rate)

In addition to these, the system also includes special VAT categories:

-Reverse Charge

-Tax Exempt

-Zero Tax

-Custom VAT (You can create your own rates as needed)

Written by

Alexandra Kyriacou