Tag: vat

Audit Office: ‘Black funds’, lost revenue and untaxed performers

An Audit Office report has revealed serious weaknesses in the tax supervision of entertainment venues in Larnaca’s Mackenzie Beach area, highlighting a web of...

Tax revenues in occupied areas of Cyprus rise nearly 57%

The Turkish-occupied areas of Cyprus reported a steep rise in fiscal income, with “tax revenues” increasing by almost 57% in the first half of...

€700 million fraud uncovered in Piraeus port operation

A massive €700 million fraud operation centred around the port of Piraeus has been uncovered following a major cross-border investigation led by the European...

President: Two years of progress and reform in Cyprus

Together, we are changing Cyprus, President, Nikos Christodoulides, said on Wednesday, in his televised address on the assessment of his second year of governance, noting, “we...

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Fuel prices drop 8.33 cents a litre from 1 April

Excise rates reduced for petrol and diesel Cyprus will reduce...

Middle East war fuels cancellations and drops bookings in Cyprus

Bookings drop sharply after regional tensions The ongoing conflict in...

EU provides €250,000 in humanitarian aid for displaced in Afghanistan

Funding targets most vulnerable populations In response to the rising...

EU launches investigation into Snapchat over child safety concerns

The European Commission has opened a formal investigation into...
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