Tag: tax

Cyprus tax revenues hit €7.3 billion in 2023

Cyprus tax revenues 2023 reached €7.3 billion, with both direct and indirect taxes recording strong growth, according to the Republic’s audited financial statements for...

EU proposes €2 handling fee on parcels from Shein and Temu

A "Euro-tax" of €2 is set to be introduced on all online shopping parcels imported from China. The European Commission plans to impose a...

Government to enforce law on football club debts

The President of the Republic’s instructions regarding football clubs’ and companies’ debts to the state are to enforce the law, stated Deputy Government Spokesperson...

Trump stirs tariff pot with fresh threats on EU

US President Donald Trump on Tuesday vowed to hit the European Union with tariffs and said his administration was discussing a 10% punitive duty on...

Extra taxation for banks unavoidable

The government expects additional revenue of €200–250 million in 2026 from the corporate tax increase to 15% for multinationals, passed by Parliament last Thursday. While...

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Nicosia home robbery: 39-year-old assaulted by two intruders

A Nicosia home robbery in Engomi has left a 39-year-old woman...

Paphos crash leaves 30-year-old in critical condition

A crash in Paphos in the early hours of Friday...

Paphos police chase ends with arrest of 32-year-old suspect

A Paphos police chase on Friday led to the arrest of...

Weekend weather sees temperatures rise before Monday drop

Cyprus is heading into a warmer spell over the...
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