by Marios Panayides | May 8, 2023 | Tax
Obligation to Accept Payments via Credit Cards The Commissioner of Taxation reminds that, according to article 30A of the Assessment and Collection of Taxes Law (N4/1978), businesses included in the annex of the Decree ΚΔΠ 259/2021, (Obliged) and the amending Decree’s...
by Marios Panayides | Apr 7, 2023 | VAT
On 31 March 2023, the Commissioner of Taxation issued an alert indicating that the Council of Ministers has enacted a decree prolonging the 0% VAT on Covid-19 goods for the duration of 1 April 2023 to 31 May 2023. The announcement serves to inform the public of this...
by Marios Panayides | Mar 23, 2023 | VAT
The Commissioner of Taxation issued an alert on 17 March 2023, informing the public of the commencement of the first stage of the new platform Tax For All (TFA), on 27 March 2023. They inform the public that from 27 March 2023, all VAT liabilities will be processed...
by Marios Panayides | Jan 7, 2023 | Business, Social Insurance
For 2023 the insurable amount applicable for social insurance contributions has increased to Euro 60.060 per annum from Euro 58.080 per annum, Euro 5.005 per month from Euro 4.840 per month for monthly paid employees and Euro 1.155 per week from Euro 1.117 per week...
by Marios Panayides | Sep 30, 2022 | Income Tax, Tax
On 23 September 2022, the Council of Ministers issued a Decree in official Gazette which exempts individuals with gross annual income below 19,500 Euro from the obligation to submit a personal tax return (TD1) for the tax year 2022. As a reminder, back in August 2020,...
