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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Cleaner used master key to steal jewellery from hotel room in Paphos

Police received a report on Wednesday, 12 August, concerning...

Yellow weather warning as temperatures hit 40°C

A yellow weather warning for extremely high temperatures comes...

Limassol: Car set on fire outside 62-year-old’s home

Police received information shortly after midnight about a fire...

Two dead after military helicopter crashes in Texas

Two people have died after a military helicopter crashed...
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