Tag: tax reform

Christodoulides tells ministers: ‘Zero grace period, work starts now’

President Nikos Christodoulides has called on the newly appointed members of his Cabinet and commissioners to begin work immediately, telling them they have "zero...

More than 54,000 tax returns completed ahead of deadline

The deadline for the submission of income tax returns for 2025 is 31 October 2026, with the Tax Department warning taxpayers that late filing...

Electronic rent payments mandatory from July 2026

The Cyprus Tax Department has reminded the public that rent payments for properties in Cyprus must be made exclusively through electronic payment methods from...

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

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...

Basic pensions increase announced – Rise 3.38% from January

Pensioners will receive a slight boost at month-end, with the basic portion of Social Insurance Fund (SIF) pensions rising 3.38% from 1 January 2026,...

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Christodoulides and Erhurman meet for Cyprus talks

President Nikos Christodoulides and Turkish Cypriot leader Tufan Erhurman...

Turkey’s military plans account for possible war scenarios

Turkey is preparing for a range of scenarios in...

Temperatures hit 40°C again as yellow warning takes effect

A seasonal low-pressure system is affecting the area. Cyprus...

Extensive damage caused by factory fire in Aradippou

A fire caused extensive damage to an industrial premises...
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