The Social Insurance Contribution rates for both employers and employees are increasing by 0.5% as of January 1, 2024, and for self-employed persons by 1%.

Platforms like Airbnb and Booking have revolutionised the way we think about travel and lodging in the current digital era. However, new tax issues that impact property owners accompany this change.

Croatia and Cyprus signed the “Treaty,” which abolishes double taxation. The Treaty between Cyprus and the Socialist Federal Republic of Yugoslavia, which remained in existence during the dissolution of Yugoslavia, will essentially be replaced if it is approved.

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Overview of Social Contribution 2023 in Cyprus, applying for employees and employers, including information for tax exempted persons.

The European Council decided to add Antigua and Barbuda, Belize, and Seychelles to the EU’s list of non-cooperative countries for taxation reasons.