Tax on interest income slashed

The government decided to slash taxation on interest income from 30% to 17%, Finance Minister Makis Keravnos said, hoping banks will follow suit in boosting revenue for depositors. During the 2013 financial

No fallout from Russia Tax Agreement axe

Cyprus is not expected to face any further consequences following the decree signed by Russian President Vladimir Putin for suspending certain provisions of international taxation agreements, said the Finance Ministry. A statement

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Fuel tax freeze coming to an end

Cypriots will see energy costs rise overnight when a freeze on consumer tax on fuel and a government subsidy on electricity bills expire at the end of June. The relief measures introduced

Tax returns submitted through old system

The online tax statement platform Taxisnet will be open to receive individual and corporate income tax statements for the year 2022 in the coming weeks, according to the Tax Department. Although the

Fuel tax subsidy halved from May

The government has decided to continue subsidising fuel prices at the pumps by extending a reduction on consumption tax for another two months. The Finance Ministry announced on Wednesday that the government

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Drivers leave road tax until last minute

Cypriot motorists, true to their culture as islanders, have left their obligation to pay their road tax until the last minute, before the deadline expires on 11 March. As reported by the

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