#tax reform

Finance Minister Makis Keravnos on Wednesday threatened to scrap his tax reform plans in their entirety if parliament makes too many amendments to the current plans. Speaking after the day’...

President Nikos Christodoulides has stated repeatedly that the proposed tax reform will “aim at reducing the tax burden on families and working people, modernising the economy, and encouraging competitiveness”. However, ...

Tax reform bills are in their final stages of preparation, with the government aiming to implement them on January 1, 2026, Finance Minister Makis Keravnos told political parties on Thursday. Keravnos briefed ...

President Nikos Christodoulides on Tuesday clarified that Cyprus’ new tax reform will come into force without delay on January 1, 2026, describing the implementation date as final and non-negotiable. Speaking during a ...

Finance Minister Makis Keravnos on Thursday called for the government’s tax reform plans to be complete by autumn. He said he has received “positive reactions” to Wednesday’s announcement ...

Cyprus’ political parties issued mixed responses to tax reform plans announced by President Nikos Christodoulides on Wednesday. Disy, Cyprus’ largest party, said the plans contain “elements which satisfy us” but ...

The employers and industrialists’ union (OEV) and the Cyprus chamber of commerce and industry (Keve) have welcomed the tax reforms proposed by the government on Wednesday, saying they were a ...

Cyprus’ tax-free income threshold is set to rise to €20,500 per year, following the announcement of a set of sweeping tax reform plans by President Nikos Christodoulides on Tuesday. The plans ...

The current Cyprus government is failing in addressing interrelated key economic, social and environmental issues as well as corruption by not implementing rational reforms and measures. It is just resorting ...

By Antonis Antoniou The tax environment is a factor of particular importance in shaping the competitiveness of any country. And in countries like Cyprus, with limited natural resources and relying ...

The government plans to go ahead with taxation reform after 20 years, including raising the corporation rate and introducing carbon tax and fossil fuels taxes to achieve the country’s environmental ...