Tag: vat

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...

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...

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Security alert in Nicosia after threatening emails sent to Mall of Nicosia and KEMA

Authorities were placed on high alert on Saturday afternoon...

Pentakomo waste facility: Rescue operation and criminal investigation underway

Since 19 December 2023, when the Water Development Department...

Passenger recounts Ryanair ordeal: ‘His head and shoulders were outside the plane’

Terrifying moments unfolded aboard a Ryanair flight from Thessaloniki...

19-year-old arrested after police officer injured during chase

A 19-year-old has been arrested to assist police with...
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