New Guide Released for Tax Deductions and Reforms
January 9, 2026
The Tax Department released a guide for tax reform and deductions today. This guide includes information on declarations and frequently asked questions. Tax Commissioner Sotiris Markides noted that it will help taxpayers understand the new legislation coming into effect on January 1st. An income tax calculation tool will also be launched soon. Employees are encouraged to review the guide and file their claims for deductions as soon as possible.