Tag: income tax

Submission of Individual Income Tax Returns open for 2025

Cyprus
The Tax Department has announced the opening of the submission period for Individual Income Tax Returns for the 2025 tax year through the TAXISnet...

Tax reform expands relief, allowing deductions of up to €3,000

Economy
Cyprus taxpayers gain substantial income tax deductions under new January 2026 legislation, claiming up to €3,000 annually across housing costs, energy-efficient home improvements, and...

Parties reach broad agreement on Cyprus tax reform package

Economy
Political parties appear close to finalising Cyprus’ tax reform package after intensive behind-the-scenes negotiations, with the House finance committee continuing closed-door discussions on Wednesday....

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Trump freezes sanctions imposed on Russia, citing ‘national interest’

International
US President Donald Trump has suspended the implementation of...

18-year-old motorcyclist seriously injured in collision with bus

Cyprus
An 18-year-old motorcyclist is being treated at Nicosia General...

2027 Budget: 837 additional positions in education and the Legal Service

Cyprus
The 2027 State Budget provides for increases and reductions...

Legionnaires’ disease: Newborn remains in critical condition: What OKYPY says

Cyprus
A 20-day-old newborn diagnosed with Legionnaires’ disease remains in...
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