Tax reform saves families up to €2,000 annually from 2026

More than 160,000 middle-class taxpayers will benefit from tax cuts approved by parliament yesterday, with families saving between €500 and €2,000 annually from 2026. The House of Representatives passed five bills overhauling Cyprus’s tax system, raising the tax-free threshold to €22,000 and introducing new deductions for children, students, rent and loan interest. The changes take … Continue reading Tax reform saves families up to €2,000 annually from 2026