Greek VAT calculator: price without VAT and which rate applies

How VAT is calculated

Have the price without VAT? Multiply by 1 + the rate. With 24% VAT: €100 × 1.24 = €124.

Have the final price and want it without VAT? Divide by 1 + the rate: €124 / 1.24 = €100. Don't take 24% off €124: that gives €94.24, which is wrong.

Which VAT rate applies

Reduced rates are set in Annex III of the Greek VAT Code (ν. 5144/2024). Anything not listed there, or in doubt, is 24%. For special cases, ask your accountant.

• 24%, the standard rate: e.g. clothes, electronics, fuel, drinks, accountants' and lawyers' services.
• 13%: most food, food at restaurants (not the drinks), hotel stays, passenger transport, gyms, water.
• 6%: medicines, books and newspapers, electricity and natural gas, fertilisers and animal feed, theatre, concert and cinema tickets.
• 4%: works removing barriers for people with disabilities in buildings.
• The most common mix-up is coffee: packaged or take away it is 13%, served at the table 24%. The same goes for soft drinks and juices.

Reduced VAT on the islands

Since 1 January 2026 rates are 30% lower on some islands: 24% → 17%, 13% → 9%, 6% → 4%, 4% → 3%. The reduction does not apply to tobacco and vehicles.

It applies on Lesvos, Chios, Samos and Kos, and on the North Aegean and Dodecanese islands and Samothrace with up to 20,000 inhabitants: Agathonisi, Agios Efstratios, Astypalaia, Ikaria, Kalymnos, Karpathos, Kasos, Leipsoi, Leros, Limnos, Megisti, Nisyros, Oinousses, Patmos, Samothrace, Symi, Tilos, Fournoi, Chalki, Psara. Rhodes and the Cyclades are not included.

It covers goods sold by businesses established on these islands or bought by businesses on them. AADE circular Ε.2113/2025 has the details.