The Tax Department is set to fine homeowners who benefited from reduced VAT rates at the time of the purchase of their property while renting out their property through Airbnb
Read More
The House of Representatives of Cyprus is set to vote today, 02 June 2023 on a bill for amendments to the reduced VAT regime on the purchase and construction of
Read More
On May 2, 2023, the Cyprus Council of Ministers (Cabinet) approved a Decree to amend the VAT legislation to apply zero (0%) per cent VAT rate on certain consumer goods
Read More
In connection to our article “Cyprus Changing its Regime on Reduced VAT for First Homes: an Update” published on 28 March 2023, regarding the reduced VAT regime legislation changes, the
Read More
The newly formed Cyprus Government and the House of Representatives reached an informal agreement to resolve the issue of the imposition of a reduced VAT rate of 5% for the
Read More
On 9 February 2022, the Tax Department of Ministry of Finance of Republic of Cyprus announced that, it is possible for Taxpayers to pay the VAT due for the period
Read More
As part of the Cypriot Government measures to reduce the impact of the COVID 19, in accordance with Law 147 (I) / 2020, tax payers were originally given the right
Read More
Σε ανακοίνωση ημερομηνίας 28 Σεπτεμβρίου του 2020 το Τμήμα Φορολογίας προτρέπει το κοινό να είναι ιδιαίτερα προσεχτικό στις συναλλαγές του σε σχέση με την απευθείας απόκτηση μεταχειρισμένων αυτοκινήτων από ιδιωτικές
Read More