https://knews.kathimerini.com.cy/en/business/uae-sugary-drinks-will-cost-you-and-not-just-in-calories
The United Arab Emirates is taking a stand against sugar, launching a new tiered tax on sweetened drinks starting January 1, a move doctors and dentists say could be a game-changer for public health....
https://knews.kathimerini.com.cy/en/news/more-tax-relief-for-families-tougher-rules-for-everyone-else
From January 1, 2026, Cyprus will officially turn the page on how it taxes income and businesses....
https://knews.kathimerini.com.cy/en/news/cyprus-overhauls-its-tax-system-what-it-means-for-your-family
Parliament on Monday approved Cyprus’ new tax framework, a long-awaited reform that the government says will ease the burden on households, support families with children and make the economy more competitive, without requiring citizens to suddenly become tax experts....
https://knews.kathimerini.com.cy/en/news/trying-to-sneak-tobacco-into-cyprus-customs-just-sent-a-€2-000-message
Customs officers at Larnaca Airport stopped a 29-year-old passenger earlier this month after discovering large quantities of tobacco and electronic cigarettes hidden in his luggage, the latest in a string of cases highlighting how often undeclared smoking products try to slip through Cyprus’ entry points....
https://knews.kathimerini.com.cy/en/news/new-bank-tax-could-ease-the-pinch-on-families-but-who-s-behind-it
A year after narrowly losing a vote in parliament, AKEL is back with a new proposal to impose an emergency tax on banks for 2025 and 2026, calling it a “solidarity levy” aimed at helping everyday Cypriots cope with rising costs....
https://knews.kathimerini.com.cy/en/business/revenue-slumps-budget-spending-trails-in-cyprus
By the end of October 2025, Cyprus had collected 65% of its planned state revenues, while government spending reached just 59% of the budget, according to the General Accounting Office....
https://knews.kathimerini.com.cy/en/news/adobe-scoops-up-semrush-in-$1-9b-deal
Adobe, the U.S.-based software giant behind Photoshop and Premiere Pro, is set to acquire Semrush, the digital marketing and SEO platform with a major office in Limassol, for $1.9 billion....
https://knews.kathimerini.com.cy/en/business/ryanair-loses-eindhoven-landing-slots-as-european-network-cuts-deepen
Ryanair has been stripped of two landing slots at Eindhoven Airport after Dutch regulators concluded the airline repeatedly operated certain flights behind schedule, according to a report from the Eindhovens Dagblad....
https://knews.kathimerini.com.cy/en/comment/opinion/the-animal-police…-are-they-on-a-break
I know this isn’t ''hard news'' for some, no ministers, no scandals, no new roundabouts being announced. But bear with me. Because not caring for animals is just a hop, skip, and a jump from not caring for people....
https://knews.kathimerini.com.cy/en/news/pwc-cyprus-through-pwc-foundation-empowers-students-through-business-mentorship-and-community-learning
PwC Cyprus through PwC Foundation, in collaboration with Junior Achievement Cyprus, have launched the latest cycle of the "Company Programme" and "Our Community."...
https://knews.kathimerini.com.cy/en/news/cyprus-this-week-banks-mots-and-tax-talks-stir-debate
Cyprus’ headlines this week reflect a mix of economic, labor, and public safety issues, from banks rewarding employees handsomely to questions about who is really keeping the country’s roads safe. ...
https://knews.kathimerini.com.cy/en/news/president-unveils-major-tax-overhaul-aimed-at-fairness-growth-and-green-transition
Cyprus is rolling out the biggest tax shake-up in more than two decades, promising a fairer system that supports families, strengthens local businesses, and keeps the economy competitive....
https://knews.kathimerini.com.cy/en/business/at-mackenzie-beach-the-party-never-ends-and-neither-does-the-tax-evasion
An internal audit has raised serious concerns over how Cyprus’s Tax Department handled suspected tax evasion at bars and restaurants along Mackenzie Beach in Larnaca, finding what officials described as a “troubling pattern of leniency” toward businesses with known irregularities....
https://knews.kathimerini.com.cy/en/business/major-mackenzie-venues-escaped-tax-scrutiny-despite-red-flags
The Audit Service has slammed the Tax Department for failing to properly check some of Larnaca’s biggest nightlife and event venues in the Mackenzie area. ...
https://knews.kathimerini.com.cy/en/news/€50-million-could-flow-to-consumers-as-cyprus-moves-to-tax-renewable-energy-giants
Cyprus is considering a controversial move to tax unexpected profits from private renewable energy companies, a measure aimed at funneling millions into programs that could ease the burden on consumers....
https://knews.kathimerini.com.cy/en/news/eu-tax-hike-could-make-smoking-a-luxury-greece-pushes-back
Smokers in Europe may soon feel the pinch in their wallets. The European Commission is proposing a massive increase in taxes on cigarettes, roll-your-own tobacco, and even e-cigarettes, and Greece is sounding the alarm....
https://knews.kathimerini.com.cy/en/comment/opinion/what-independence
Shivers of excitement and delight were sent through lovers of the military industry by the two Greek fighter jets that crossed the blue sky of Nicosia last Wednesday, October 1, on the occasion of the anniversary of Cypriot independence....
https://knews.kathimerini.com.cy/en/comment/opinion/the-foundations-of-a-just-tax-reform
There was a time when taxation meant more than the simple collection of revenue. It signified the bond between citizen and state, the collective commitment to common prosperity, the proper ordering of obligations among those living together in a political society....
https://knews.kathimerini.com.cy/en/business/cyprus-on-edge-as-ata-for-all-talks-stall-unions-warn-of-new-strike
Cyprus is facing rising tensions over the government’s plan to extend the cost-of-living allowance, known as “ATA for all,” with unions warning a new general strike could be on the horizon....
https://knews.kathimerini.com.cy/en/news/cyprus-set-to-break-€8-billion-in-tax-revenue-in-2025
Cyprus is on track to rake in more than €8 billion in tax revenue this year, up from €7.4 billion in 2024, a milestone that underscores the Tax Department’s push for better compliance and modernization....
https://knews.kathimerini.com.cy/en/business/ex-abramovich-yacht-directors-face-€25m-tax-evasion-trial-in-cyprus
Former directors of a company tied to Russian billionaire Roman Abramovich’s superyachts are set to face trial in Cyprus over a €25 million VAT tax evasion case....
https://knews.kathimerini.com.cy/en/news/government-unveils-comprehensive-aid-package-for-limassol-fire-victims-cash-payments-rent-subsidies-and-full-damage-restoratio
Regarding the support and payment of financial aid to citizens affected by the fires in communities of the Limassol District, and following the announcement of the President of the Republic last Sunday, the Council of Ministers decided today on the following measures....
https://knews.kathimerini.com.cy/en/news/we-failed-president-apologizes-over-wildfire-response-announces-12-relief-measures
President Nikos Christodoulides has announced a 12-point relief package to support residents affected by the deadly wildfire that tore through mountainous villages in the Limassol district, claiming two lives and leaving a trail of destruction....
https://knews.kathimerini.com.cy/en/business/cyprus-at-a-crossroads-can-the-island-become-a-regional-business-powerhouse
In a candid and forward-looking interview, Invest Cyprus President Evgenios Evgeniou shares how the island is gaining traction as a regional investment hub but also warns that serious challenges must be tackled head-on if Cyprus wants to stay competitive....
https://knews.kathimerini.com.cy/en/business/tax-department-announces-reopening-of-tax-for-all-system-on-july-21
The Tax Department announced Friday that the Tax For All system will reopen on July 21, 2025....
https://knews.kathimerini.com.cy/en/news/cyprus-government-posts-€551m-budget-surplus-in-first-five-months-of-2025
Cyprus continues to keep its public finances in check, reporting a general government surplus of €551.2 million for the first five months of 2025, slightly higher than the €542.6 million recorded during the same period last year. ...
https://knews.kathimerini.com.cy/en/business/cyprus-reinstates-abramovich-firm-to-go-after-directors-for-€25m-tax-debt
Cyprus is breathing life back into a defunct company once linked to Russian billionaire Roman Abramovich, not to do business, but to collect what it’s owed....
https://knews.kathimerini.com.cy/en/news/say-it-isn-t-so-the-trump–elon-bromance-blows-up-online
Say it isn’t so--Donald Trump and Elon Musk, the political-tech power couple that once couldn’t stop praising each other, have officially entered the ugly-breakup phase. And they’re doing it the 2025 way: firing missiles on their own social media platforms....
https://knews.kathimerini.com.cy/en/news/tensions-erupt-over-abramovich-case-allegations-at-parliamentary-committee
Allegations of high-level political interference surrounding a multimillion-euro VAT debt linked to Russian billionaire Roman Abramovich escalated Thursday in Cyprus’ Parliament, with tensions erupting between lawmakers and investigative journalist Makarios Drousiotis....
https://knews.kathimerini.com.cy/en/news/abramovich-s-€25-million-vat-written-off-after-ex-president-s-call
A growing scandal over Cyprus’ handling of VAT debts tied to Russian billionaire Roman Abramovich has taken a sharp new turn, this time with a bombshell allegation involving former President Nicos Anastasiades....
