On 9 February 2021, the Department of Taxation issued an announcement in respect of Law 5(1)/2021 concerning the payment of VAT due in respect of the tax periods ending on 31 December 2020 and 31 January 2021. The law permits some categories of VAT registered persons to make payment of any VAT due relating to […]
2020 has been a strange year, not only in Cyprus but, across the globe. Certainly, as most of us toasted in the New Year surrounded by family and friends we little thought that we would spend almost 9 months apart from many of them. Indeed, had we realized that we would soon be unable to […]
Agricultural Minister announces new measures to see farming sector through and beyond the Covid 19 crisis.
Agriculture Minister, Costas Kadis has had a busy week; on 6 November he announced a package of assistance measures for farmers impacted by the Covid 19 pandemic, he then followed this on 10 November by revealing a new plan for attracting younger people to and retaining them in the farming profession. Whilst in normal times […]
Cypriots who were hoping to gain some respite from this summer’s unusually high temperatures once 15th August had passed have been disappointed this week. However, consumers, workers, employers, business people and even the Cyprus government all had some reason to feel more cheerful on 24th August! The first drop of good news was a confirmation […]