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26th April 2024
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Legal Matters

Lawmakers again discuss reduced VAT on homes

Lawmakers on Monday discussed for the umpteenth time the matter of reduced VAT on homes, with reports suggesting the...
Legal Matters

EU extends deadline to change property VAT laws

Lawmakers on Monday revisited the issue of reduced VAT on homes, with some trying to instil a sense of...
Legal Matters

Amend property VAT laws or else!

The European Commission has given Cyprus until mid-February to enact new legislation governing the levying of reduced VAT on...
Legal Matters

Europe issues VAT ultimatum on new homes

The European Commission has sent an ultimatum to Cyprus regarding the island's abuse of the European Directive on reduced...
Legal Matters

MPs seek deal on reduced VAT for new homes

MPs seek a compromise on reduced VAT for first homes after the European Commission initiated infringement proceedings against Cyprus...
Legal Matters

Compromise VAT bill on new homes

The government has retabled a bill for reduced VAT on first homes, aiming to find the sweet spot between...
Legal Matters

Pushback to VAT change on home buys

MPs are undecided on whether to pass a European Union directive reducing the size of homes entitled to lower...
Legal Matters

Higher VAT on smaller homes ‘spells disaster’

A European Union directive to reduce the size of homes entitled to lower 5% VAT has real estate agents...

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