Cyprus has long been favoured by expatriates for its favourable tax regime, particularly appealing to those with non-domicile status. This status can offer significant tax savings, but there are new updates and requirements that expats need to be aware of to remain compliant with Cypriot tax laws.
Read MoreOver the past decade, Israel and Cyprus have forged increasingly close economic bonds, marking a significant trend in the Mediterranean's business landscape.
Read MoreIn 2021, Cyprus introduced a new property tax, ending years of debate and speculation about its implementation.. The new legislation stipulates that sellers of property in Cyprus are liable to pay a tax of 0.4% on the sale value at the time of transfer.
Read MoreThe trend of UK footballers moving to leagues like the Saudi League brings to light the broader challenges faced by expatriates. Understanding the tax implications and preparing for the adjustment process are crucial steps in making a successful transition to working abroad.
Read MoreIn 1948, George Orwell penned "1984," a novel that became synonymous with the dangers of intrusive government surveillance. Fast forward to 2024, and the dystopian surveillance state imagined by Orwell seems eerily prescient in the context of international financial data sharing among governments and tax authorities.
Read MoreSince financial exchange of information regulation was introduced 10 years ago great strides have been made to tackle criminal activities.
Anti money laundering (AML) is always at the centre and the essence of this is income not declared nor tax paid.
Read MoreThis week we celebrate the 4th of July Independent Day for the USA as a colony of the UK and as taxpayers to the UK.
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