Businesses must allow card payments or face fines, inland revenue says
The island’s inland revenue service on Friday warned businesses that they must adopt the use of card payment machines or risk hefty fines. In a...
inland revenue
TaxisNet portal opens for 2020 income tax returns
Employees can now file their income tax returns for 2020 through the TaxisNet portal on https://taxisnet.mof.gov.cy, the tax service announced on Friday. The deadline for...
Moves to extend tax instalment payment plan
The House finance committee is leaning towards extending a scheme that enables taxpayers to pay outstanding taxes in instalments, despite reservations voiced by the tax...
20,000 more taxpayers filed on time this year
Around 20,000 more taxpayers filed their returns on time than did so last year, the inland revenue department said on Wednesday a day after the...
Tax return deadline extended until November 30
The department of inland revenue has given yet another extension to employees to file their tax returns for 2019. The new deadline is November 30....
Oct-30 deadline for filing income tax returns
Employees can now file their income tax returns for 2019 through the Taxisnet portal, the tax service announced on Monday. The deadline is October 30....
Thousands of companies in tax arrears, MPs told
Inland Revenue is looking at around 80,000 companies who have asked to be removed from Cyprus’ list of registered companies as many of them may...
Some Gesy doctors are potential tax cheats, inland revenue boss says
Doctors enrolled with the national health scheme (Gesy) may be engaging in tax avoidance by exploiting a loophole in the law, while over 100 physicians...
Cyprus among top three EU performers in recouping VAT
EU countries lost €137 billion in Value-Added Tax (VAT) revenues in 2017, according to a study released by the European Commission on Thursday. Cyprus with...
Taxman on brink of busting huge evasion network, he says
By George Psyllides The tax department is on the brink of busting one of the biggest VAT dodging network on the island dealing with intra-community...
