Posts on the Topic Allowances

Filing your 2023 tax return in Cyprus involves understanding updated regulations, using the mandatory TaxisNet platform for digital submissions, and preparing key documents like income proofs and expense receipts. Compliance with residency-based obligations ensures accuracy while leveraging deductions can reduce...

Duty-free shopping in Cyprus offers international travelers tax-exempt luxury goods and local specialties like wine and halloumi, with specific allowances for alcohol, tobacco, and other items. Accessible mainly at airports, it provides savings on high-tax products but requires awareness of...