Plans for tax-free income threshold to rise to e20,500
Posted: Wed Feb 26, 2025 6:18 pm
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 will see the minimum earnings threshold to pay income tax rise by €1,000 from its current level, at which it has sat since...
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