15 07, 2023

Amending Law Published Regarding 50% Exemption of Employment Remuneration

2023-07-15T16:31:15+00:00

Amending Law Published Regarding 50% Exemption of Employment Remuneration A recently published amending law has introduced changes to the 50% exemption of employment remuneration, as outlined in Article 8(23A) of the Income Tax Law. One significant amendment is the extension of the non-tax residency requirement. Previously, individuals needed to [...]

Amending Law Published Regarding 50% Exemption of Employment Remuneration2023-07-15T16:31:15+00:00
20 06, 2023

Extension to the deadline for the submission of 2022 Personal Income Tax returns (TD1)

2023-06-20T12:39:31+00:00

Extension to the deadline for the submission of 2022 Personal Income Tax returns (TD1) The deadline for the electronic submission of the 2022 Personal Income Tax returns (TD1) has been extended up to 2 October 2023 as well as for the payment of the final (if any) tax due [...]

Extension to the deadline for the submission of 2022 Personal Income Tax returns (TD1)2023-06-20T12:39:31+00:00
11 04, 2023

Cyprus Now Offers Paid Leave from Day One for Employees

2023-04-11T11:02:16+00:00

Cyprus Now Offers Paid Leave from Day One for Employees Fixing an Unfair Paid Leave System Cyprus has recently made a change, giving employees the right to paid leave starting from their first day at work. This new law fixes an old problem where employees had to work for [...]

Cyprus Now Offers Paid Leave from Day One for Employees2023-04-11T11:02:16+00:00
12 01, 2023

Implementation of National Minimum Wage in Cyprus

2023-01-12T14:09:53+00:00

Implementation of National Minimum Wage in Cyprus Beginning on January 1, 2023, the National Minimum Wage in Cyprus will be in effect. The relevant Decree issued by the Council of Ministers stipulates a gross starting salary of €855 per month for the first six months of employment. After six [...]

Implementation of National Minimum Wage in Cyprus2023-01-12T14:09:53+00:00
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