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…
Foreign property purchases and company loopholes to be discussed in parliament
Discussion begins on Thursday before the parliamentary interior committee on two bills by AKEL general secretary Stefanos Stefanou, which seek…
Public sector telework starts 1 April with 20-day annual limit
Preparations are in full swing for the implementation of telework in the public sector from 1 April. This year, the…
Parliament issues ultimatum over Sotira-Liopetri coastal developments
The clash over tourism development on the Sotira and Liopetri coastline has now moved to the political level. The parliamentary…
How you can claim up to €3,000 in tax deductions
Taxpayers will be able to benefit from deductions of up to €3,000 per year from income tax under the tax…
Foreign-controlled tech firms dominate Cyprus economy, fiscal chief says
The head of Cyprus’s Fiscal Council warned MPs on Monday that foreign businesses need substantial integration into the local economy…