Amendment of Articles 8(21) and 8(23) of ITL – First Employment Income Tax Exemptions
Τροποποίηση Άρθρων 8 (21) και 8 (23) του Περί Φορολογίας του Εισοδήματος Νόμου – Φορολογικά κίνητρα πρώτης εργοδότησης
28/07/2022
Tax Calendar 2023
08/02/2023
Tax News 08/2022
On 14 July 2022, the House of Representatives voted amendments to the Articles 8(21) and 8(23) of the Income Tax Law (ITL) related to the income tax exemptions granted to employees who take up first employment in Cyprus. The amended provisions of the Law have been published in the Government Gazette on 26 July 2022.
Υou can find the details of the amended legislation here.
Do not hesitate to contact our firm’s tax department for any further information you may need.
