Tag: vat

Tax reform revenues rise 5.7% to €4.47bn

State tax receipts reached €4.47 billion in the first seven months of 2026, up from €4.23 billion during the same period last year, providing...

Public finances record €552.9M surplus in five months

Cyprus maintained a positive fiscal position during the first five months of 2026, as increased tax income, particularly from VAT, helped offset higher government...

End of “free” Temu and Shein parcels – How new charges are calculated

The EU online shopping tax landscape is set to change significantly, as a new European Commission regulation introduces a temporary €3 customs duty per...

New customs rules for parcels, VAT and online returns

New customs rules for products purchased from countries outside the European Union will come into force on 1 July 2026 across all EU Member...

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...

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Parliament blocks €146,000 funding for cameras and fines at crossing points

The House Finance Committee has unanimously rejected a request...

Christodoulides convenes National Council on Cyprus issue developments

President Nikos Christodoulides has convened a meeting of Cyprus’...

GESY warns beneficiaries over malicious SMS messages

GESY beneficiaries are being warned about malicious SMS messages...

Ayia Napa: Autopsy sheds no light on 63-year-old diver’s death

A post-mortem examination has been carried out on a...
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