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Nicosia – Cyprus has decided to waive penalties and interest on Value Added Tax (VAT) for a period of time as part of its efforts to curtail the adverse effects of the coronavirus pandemic on the local economy. The VAT measures were enacted by the House of Representatives on 27 March 2020. The Measures The...
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Nicosia – The Cyprus VAT Association (CYVA) is now accepting membership applications. CYVA is a newly-formed association aiming at bridging the communication gap between businesses and Value Added Tax (VAT) professionals with the government, the Tax Department and lawmakers. CYVA also aims at contributing to the proper adoption of VAT European Directives and Regulations, to...
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Nicosia – The Cyprus VAT Association (CYVA) was recently established with the aim of providing a unified and independent voice to all professionals and businesses in Cyprus on Value Added Tax (VAT) matters. According to the Association’s Articles of Association, its main objectives are to promote VAT tax, legal and related matters with the Government,...
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