Pension reform bill races against Christmas deadline, minister admits
Labour Minister Marinos Mousiouttas concedes the draft may reach parliament later than planned, yet still expects the reform to start in January 2027.
#Taxes
Cyprus tightens rules for foreign-owned companies in registry overhaul
The Cabinet approved a revised framework for registering foreign-interest companies, shifting focus to real economic activity and tougher compliance checks.
Cyprus scraps regional fee tiers in building permit overhaul
The Cabinet approved new rules simplifying how building permit fees are calculated, ending the island's three-zone cost system and area-based surcharges. The changes now go to parliament.
Fuel stations warn pump prices may climb again as oil stays high
Station owners say the recent dip at the pumps is not reflected on world markets, and another increase is possible if crude keeps trading near current levels.
Cyprus landlords weigh long-term rents against holiday lets
Rising residential rents and tighter tax rules are pushing some owners to reconsider short-term holiday letting, with new figures showing conventional tenancies gaining ground.
Heating oil gets cheaper as parliament backs excise cut
Excise duty on heating oil drops by 6.39 cents a litre, VAT included, from midnight after lawmakers unanimously passed the government's bill.
Pension reform bills head to cabinet after legal review
Labour Minister Marinos Mousiouttas expects the legal service to finish vetting the pension reform bills by Monday, paving the way for cabinet approval and a parliamentary vote.
Cyprus extends 2025 tax return deadline to November 30
Taxpayers on the island get extra time to file their 2025 returns without interest or penalties, the tax department says, after about 253,000 filings were processed by mid-October.
Heating fuel tax cut set to take effect Friday after parliament vote
MPs are fast-tracking a bill to cut tax on heating fuel, with the measure expected to apply from Friday and trim prices by over five cents a litre.
Cyprus pension reform to make dividend income count toward social insurance
Business owners and shareholders who declare low salaries but take dividends would pay social insurance on part of those payouts under a draft pension reform.
Fidias Panayiotou marches to palace over soaring power bills
Supporters of the Direct Democracy Cyprus leader handed President Nikos Christodoulides a letter calling electricity and fuel basic necessities, as energy prices climbed 15 per cent in a year.
Cyprus GHS reform bills would let HIO cap provider age and turn away new doctors
Two draft laws put out for public consultation would give the Health Insurance Organisation power to set an age ceiling for GHS providers, refuse new registrations and lift fines to as much as €600,000.