#taxes

The amount of money the state is collecting in taxes is on the rise, a report into the tax department’s activities released by the audit office on Monday said, ...

Cyprus’ political parties issued mixed responses to tax reform plans announced by President Nikos Christodoulides on Wednesday. Disy, Cyprus’ largest party, said the plans contain “elements which satisfy us” but ...

The government is forecast to make a total of €37 million from tax revenues related to the country’s only licenced casino, the gaming and casino supervision commission said on Monday. ...

Football clubs that are wayward in their tax arrears will face the full brunt of the law, the tax commissioner said on Thursday. Sotiris Markidis said all actions pertaining to ...

Six per cent more people have submitted their tax returns before the November 30 deadline than had done so this time last year, Tax Commissioner Sotiris Markides said on Friday. Markides ...

The Tax office announced on Wednesday that the next day’s deadline for submission of 2023 tax returns had been put back by a month to November 30. Press reports had suggested ...

The holding company of the north’s Ercan (Tymbou) airport, T&T, posted a loss of more than 1 billion TL (€29.8 million) for 2023, and as a result, did not pay ...

The government should use taxpayers’ money to support sports clubs outside of football, the Famagusta Nautical Club said on Thursday. Reacting to the planned submission of a bill to parliament ...

Casinos in the north will have their tax bills halved after the passing of a new law, Turkish Cypriot opposition party ‘MP’ Erkut Sahali said on Thursday. Sahali sits on ...

Last year authorities collected €700 million in taxes more than they did in 2022, the Tax Department said on Thursday, while conceding there was room for improvement. Tax Commissioner Sotiris Markidis told ...

Payment of taxes and fees to the Larnaca municipality has been extended until January 31, 2024 and can be made only at the citizen service centre, the municipality announced on Thursday. In ...

Thank you for your front page exposure on December 10 about the extremely unfair discrepancy in taxes between Aphrodite Hills, Ha Potami and Kouklia. I have personally written to community leader ...

Seven out of ten Cypriots say they’d be willing to pay more income tax to help lower-income households cope with the costs of green transition, while a little over ...

Nobody likes the imposition of new taxes or the increase in existing ones. Nothing is more certain to unite people against the government than new or higher taxes. Politicians kicked ...

More than €2 billion in taxes are owed to the state, of which €668 million is at risk of never being received, the Audit Office said in a report released Tuesday. In ...

One wonders what will be in store for us regarding real estate’s future as we get a new president. Based on what the candidates have announced so far, we ...

The Cyprus government under the leadership of President Nicos Anastasiades has done a poor job in managing the economy with respect to benefiting most of its citizens over the past 10 ...

Workers unions on Friday issued their 2023 agendas addressing key issues such as the need for more collective agreements, increase of pensions and implementation of legal framework for remote work and ...

About a third of imported scrap tyres pass through the port in Limassol without being subject to an environmental fee, while thousands of tyres end up in illegal landfills, MPs ...

The European Union and the Executive Vice-President for an Economy that Works for People Valdis Dombrovskis launched an initiative this week to further restrict tax evasion through the use of ...

Some 67 per cent of Cypriots are in favour of stricter government measures tackling climate change, even if this would impose significant changes in people’s lifestyles “similar to those implemented ...