#taxes

Cyprus has long been a safe haven for international businesses, benefitting from one of Europe’s lowest corporate tax rates which has only recently risen to 15 per cent. The relatively ...

Strong disagreements with aspects of the government’s proposed tax reform came to the fore on Monday, as parliamentarians were again urged to vote through the legislation by year’s ...

Over the past two years tax authorities have managed to squeeze out an additional €29.9 million from businesses playing fast and loose with their VAT receipts, MPs heard on Thursday. The ...

Commentators have given the thumbs-down to the coming changes to the tax regime – not so much for any major errors in it, but because it falls short of the government ...

The finance minister said on Thursday he is “confident” that the government and parliament will work together to push through the tax reform so that the new system takes effect ...

The period of zero VAT on certain basic consumer goods – baby milk, nappies, female hygiene products and frozen fruit and veg – that was due to expire at the end of ...

With an aim to expedite justice on taxation cases, the House legal committee on Wednesday discussed legislative initiatives, particularly the deadlines for appeals. Disy MP Fotini Tsiridou, who proposed the ...

The tax department on Friday announced planned maintenance work on the Tax For All online system, which may cause temporary service interruptions on specific dates and times. According to the ...

The ‘shadow economy’ in Cyprus accounts for about a quarter of Gross Domestic Product, the finance ministry said on Tuesday as it stressed that the upcoming overhaul of the tax ...

Access to the Tax For All (TFA) system will be possible via CY Login service (formerly Ariadne), as of Friday, 22/08/2025, the tax department said on Wednesday. Users who already have ...

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 ...