Beekeepers in Cyprus are struggling to compete with Chinese honey imports priced at €1.39 per kilo to the EU, whilst…
Cyprus taxpayers can now calculate savings under new online tool
Taxpayers in Cyprus can now calculate exactly how much they will save under the 2026 tax reform through a new…
Zero VAT on essentials throughout 2026
Cyprus will maintain zero VAT on essential goods, including baby products and fresh produce, throughout 2026, the Tax Department announced…
Bill would ban foreign property purchases near critical infrastructure, buffer zone on national security grounds
AKEL’s general secretary has submitted two bills to Parliament targeting foreign property purchases around Cyprus’s airports, military camps, the buffer…
Property magnets: Where Cyprus’s most and priciest homes are selling
Cyprus’s property market is operating at multiple speeds, with Paphos’s Akamas area commanding the island’s highest average sale price at…
Single parents to receive doubled child tax deductions from 2026
Single parents will receive double the child tax deductions given to couples from tax year 2026 under new income tax…
President earns €14,401 monthly as state publishes officials’ salaries
Cyprus’s president earns more than twice as much as government ministers and nearly three times what MPs receive, according to…
Audit office flags ‘environmental crimes’ as Cyprus faces EU court over coastal development
Cyprus is walking a tightrope towards European Court referral over its management of the Ayia Thekla-Liopetri protected coastal area, where…
Cyprus raises tax-free thresholds on property sales and extends exemptions to exchanges
Cyprus’s tax reform has changed capital gains tax rules for property sales, property exchanges and share transactions in moves expected…
Handful of products drive eurozone food inflation as climate shocks keep prices high
A disproportionate surge in the prices of just a few key items, including coffee, cocoa, and meat, is continuing to…