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Monthly Archives: October, 2014

News

Title Deeds for development projects

Nigel Howarth -
The latest monthly figures on the number of Title Deeds issued for development projects across the island during 2014 published by the Cyprus Department of Lands and Surveys in Nicosia.
News

Eighty per cent IPT revenue collected

Nigel Howarth -
In 2013 the Cyprus government collected €98 million Immovable Property Tax (IPT), approximately 80 per cent of the total according to figures provided to Parliament by the Finance Ministry.
News

Thirty companies owe €100m in VAT

Elias Hazou -
The Greek language newspaper Politis has published the names of thirty companies who together owe the more than €100 million in VAT most of whom have challenged all or part of the debt.
News

Cyprus building permits down 14 per cent

David Crowther -
The number of building permits issued in Cyprus during July fell 14 per cent compared with the corresponding month of last year, while the number of new homes being built fell 39 per cent.
Investment

Non-performing loans €27.90 billion

Editorial -
Non-performing loans (NPLs) in the Cypriot financial system fell from €27.95 billion in July to €27.90 billion in August, approximately 175 per cent of Cyprus GDP according to the Cyprus Central Bank.
News

Paying Immovable Property Tax 2014

Nigel Howarth -
I am grateful to Mr. Christofi at the Tax Department in Nicosia for the following information concerning the payment of Immovable Property Tax by those who have yet to receive their Title Deeds.

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