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Do you need to split bills with your friends and family, send money across the world using different currencies, or make an instant payment? Sending and receiving money online via money transfer apps has never been easier. With so many apps to choose from, we present some of the best money transfer providers, including Revolut,...

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Myths and misconceptions are often created out of a few bad experiences or even lack of experience with the field of accounting. And while there’s some truth in those statements, they are not the whole story. So let us clear things up by exposing some of the most common misconceptions about accounting. Accounting is the...

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How to avoid being a victim of financial fraud While the pandemic increased our dependence on the digital economy and accelerated the use of online payments, it has also led to an increase of many different types of fraud. Data breaches, identity theft, online scams and stolen credit cards are very frequently in the news....

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Like all EU member countries, Cyprus follows the European VAT Directive which sets the rules for VAT registration, compliance, rates, returns and related filings. If you are either a sole trader or limited company looking to get a better understanding of all things VAT, keep reading. We will take you through some of the most...

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If you always fantasized about moving abroad and living the life of your dreams, we have 4 great reasons why you should really consider Cyprus – an independent island located in the Easter Mediterranean Sea that’s famous for its sandy beaches, exceptional lifestyle, delicious food, all-year round sunny weather and relatively low cost of living. ...

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Individuals who are planning to relocate or move their personal tax residency to Cyprus will find that there are significant financial advantages. As with any type of wealth plan, the starting point is understanding the rules and then establishing how you can use them to your advantage, so let’s explore some of the key financial...

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Cyprus, a member of the European Union, is not only a great destination for holidays, but also a great place to set up a business. It might be amongst the smallest countries in the world, but it offers a variety of business opportunities to both foreigners and locals. Here are five reasons why you should...

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The Tax Department has issued an announcement reminding Tax payments that as of 1st September 2020 it will not accept payments at the District offices. Specifically it states and in its efforts to modernize, payments will be made ONLY electronically. This can be done via: New Tax portal @ https://taxportal.mof.gov.cy Here you can make payments...

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The Tax Department has issued an announcement regarding the submission of the Personal Income Tax returns (TF1) for the year 2019, for employees and self-employed persons with income below €70.000. Due to technical matters, the returns are not ready for submission via TAXISnet yet. Because of this delay, the Tax Commissioner intends to extend the...

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Copyright © 2020 Predeevo LTD. All rights reserved – Developed by Clickhouse Media