This is a question comes up quite frequently for home-owners, who have reached or passed the age of 60-65 years old and are on the verge of retirement. Circumstances change and the
The parliamentary debate on the state budget this week was hardly critical of the government’s policies, especially on the issue of increased hiring in the public sector, at a rate far surpassing
Inspired by Greece’s success, there’s a proposal to fully suspend VAT on houses in Cyprus, mirroring Greece’s 0% VAT rate on new homes from January 1, 2020, to the end of 2024.
It is rarely that my articles praise civil servants in Cyprus. The failings of the public services are well known and reported regularly in the media, but there are some noticeable exceptions.
It took several years of hard-fought negotiations among social partners in Cyprus to conclude a national minimum wage, set in stone earlier this year, with an option to increase it in the
By Nick Kochan Western law enforcement agencies are closing the loopholes in sanctions policies in a bid to ratchet up the pressure on anyone seeking to circumvent sanctions on Russia. A period
In a previous article I reported on the introduction of a new tax on the sale of real estate (which is the responsibility of the seller) and wondered how the Government that
By Eva Psalti Climate change refers to the long-term change in temperature and its variation from typical weather patterns. Although the Earth’s climate has been changing throughout its history, since the industrial
When Nikos Christodoulides was campaigning for the Cyprus presidency and even after he was elected, he was basically declaring that “the buck stops here”, and that he would not tolerate abuse of
A new property tax was introduced in February 2021, but because of a mess up at the House of Representatives, the tax was actually introduced in October 2022 and refers to a
