Posts Tagged ‘Payroll’

Increase in Earnings Cap for Employment Contribution Purposes

The earnings cap for Social Insurance purposes for 2021 will increase to €57,408 per annum (2020: €54,864 per annum). It is reminded...

Extension of Incentives for Relocating to Cyprus for Employment

On 3 December 2020 the Cyprus Parliament approved the extension of the two incentives already in place for attracting people to relocate to Cyprus and obtain employment in the country.

Setting Up in Cyprus: Hiring/Relocating Personnel

We are examining aspects related to human resources, whether these relate to hiring employees from the local market and/or relocating existing personnel from abroad.

Deadline for Submission of 2019 Personal Income Tax Returns Extended

The Ministry of Finance of Cyprus extended the deadline for submission of the 2019 personal income tax return to 30 October 2020...

Deadline for Payment of Social Insurance Contributions for March 2020 Extended

The Cyprus Ministry of Labour announced on 2 May 2020 that the deadline for the payment of Social Insurance and related contributions for March...

Measures in Response to the Coronavirus Outbreak voted by Cyprus Parliament

Many business and employment related measures have been voted in to law by the Cyprus Parliament...

Measures to Support the Economy of Cyprus in Response to the Coronavirus Outbreak - Update

It has been clarified by the Ministry of Finance  that the months for which the contributions to the General Healthcare System will be reduced...

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