News Local Church received €8.2 million VAT refund from the state in 2018

Church received €8.2 million VAT refund from the state in 2018

The Church received a €8.2 million VAT refund for construction work, from the state in 2018, Audit Office data show.

According to a 2012 cabinet decision, “the Church of Cyprus is exempt from paying VAT for the construction and maintenance of churches and property which are used for religious purposes.”

The Audit Office published the religious entities that received VAT refunds over €100,000 in 2018:

* Church of Cyprus – €408,263.
* The Russian Orthodox Church “ST NICHOLAS” Fund – €177,003.
* Religious committee of Apostolos Andreas in Platy – €171,177.
* Ayios Neophytos Monastery – €118,855.
* Committee of Saint Ayion Anargyros Kosma and Damianou temples – €115,180.
* Machairas Monastery – €102,092.

Entities that received between €30,000 to €100,000:

* Construction Committee for Ayios Savvas Monastery in Ypsonas – €66,701.
* Committee of Panayios Chrysaliniotissas Church – €64,659.
* Construction Committee for Ayios Panteleimonas Monastery – €60,217.
* Committee of Ayios Fanourios Church, Aradippou – €58,803.
* Ayios Georgios Temple in Pano Deftera – €54,570.
* Ayios Modestos Temple in Kofinou – €53,705.
* Panayia Evangelistria Temple in Dali – €52,518
* Committee of Ayios Georgios Chandrion Church – €50,918.
* Orthodox Missionary Club “Megas Vasileios” – €49,349.
* Ayios Therapontos and Ayia Marini Anglisidon Temple – €47,025.
* Metamorphoseos tou Sotiros Committee in Kambia – €43,140.
* Kykkos Monastery – €40,568.
* Panayias Odigitiras Temple, Paliometocho – €40,117.
* Ayias Marinas Oras Temple – €39,893.
* Temple of Ayios Loucas of Crimea – €39,870.
* Archangel Michael Temple – €38,758.
*Committee of Ayios Savvas Temple in Nicosia – €38,269.
* Ayios Nicolaos chapel in Paphos coastal front – €36,938.
* Ayios Spyridonas Temple in Mari – €36,484.
* Timios Prodromos Temple in Dromolaxia – €33,754.
* Apostolos Varnavas Temple in old Nicosia – €31,916.
* Ayios Andronikos and Ayia Athanasia Temples in Tseri – €30,365.

According to philenews, requests for VAT refunds are submitted by the Church to the Tax Department. Then, the Tax Department submits its suggestions to the general director of the Finance Ministry, who makes the final decision on whether to approve disapprove the request.
The Tax Department allocates a specialised fund for VAT returns in its annual budget.

 

Top Stories

One new Covid case with travel history

One person has tested positive for coronavirus, bringing the total number of cases to 1005, the Health Ministry said on Tuesday, from a total...

Compulsory use of gloves by employees on way out

    The compulsory use of gloves by employees that was introduced as part of measures to contain the spread of coronavirus is to be scrapped,...

22-year-old sentenced to 13 years in jail for Nicosia manslaughter

The Nicosia Criminal Court handed down on Tuesday a 13-year jail sentence to a 22-year-old foreign national who had pleaded guilty to killing a...

House, car repair shop, storeroom damaged by fire

  A fire which broke out off the Ayii Trimithias and Anthoupolis road on Tuesday afternoon has left a trail of damage in its wake,...

Ministry publishes updated list of labs for Covid-19 tests

  The Health Ministry has published an updated list of private labs which have verified procedures for RT-RCR diagnostic tests, which is the only accepted...

Taste

How to make triandafillo ice cream, by UK Cypriot chef Loulla Astin

  Just in time for the scorching heat, UK Cypriot chef Loulla Astin has shared her recipe for refreshing triantafillo ice cream -- or as...

Cyprus sprouts with cream and prosciutto

In a big, deep frying pan, fry the prosciutto in the olive oil, on medium heat for 2 minutes. Add the onion and garlic...

Pork burger with sundried tomatoes, mozzarella and anchovies

Mix all the ingredients together with the mince in a bowl, and combine well. Divide into 4 balls and form the burgers. Warm a griddle/pan...

Sheftalies

Wash the lamb cauls with plenty of cold water and let them settle in water and vinegar for a little while. Soak the bread crumbs...