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The number of people who doubt the positive impact of recycling on the environment, industry, health, and our everyday life is thankfully shrinking with each passing year. Recycling has a significant role in any strategy for improving environmental conditions on the planet.

Whether we are buying coffee, booking a vacation, or making an investment we are producing emissions. It is not so easy to understand how for example the habit of buying a cup of coffee may cause an extreme heat wave in Europe or a flood in Pakistan but remember no single drop of water thinks its responsible for the flood. The impacts of our actions and our way of life is affecting the climate worldwide.

The Council of Ministers of Cyprus approved, on 10 May, a bill with new tax incentives aimed at attracting foreign talent to Cyprus and encouraging international companies to relocate their headquarters to Cyprus.

EBA published, on the 21st of June 2022, draft principles in assessing representativeness of COVID-19-impacted data in re-calibration of IRB models. The Supervisory handbook that will be published later in 2022 will include these principles, aiming at ensuring a harmonised approach. COVID events and especially the use of moratoria and other public measures may have led to changes in default rates.

On 26/4/2021 an amendment to the Cyprus VAT Law was published in the official Gazette which exempts from VAT educational services for vehicle technicians.

Following the enactment of N5(1)/2021 amending the Cyprus VAT Law which was announced on 9/1/2021, the Tax Department issued a notice providing clarifications in relation to the payment of VAT in instalments.

Following the uncertainty arising from the current economic shock, prudential and securities regulators have published guidelines for the application of IFRS 9 in the context of the COVID-19 pandemic.

On 3 July 2020 the Cyprus Parliament published legislation (Law Amending the VAT Law (No.2) of 2020) relating to the “quick fixes” package provided for by EU Directive 2018/1910.

Distributed ledgers have grown beyond their cryptocurrency roots and the once-emerging technology is at last ready for your business to put it to work right now.

Steps for a smoother transition to new markets

This article summarises some of the planning strategies that companies should be considering before and after US tax reform is effective

Find out how to set a supply chain optimisation strategy

The Corporate governance report 2017 provides practical recommendations for boards to consider when working with leadership teams in order to successfully develop a strong corporate culture.

If one word defines today’s new and unfamiliar tax landscape it would most likely be ‘transparency’. How will your business steer through the risks of total tax transparency?

Our International Business Report (IBR) finds that while business optimism is rising to new highs in Q2 2017, a storm may be brewing in the shape of a skilled worker shortage.

Our IBR global business executive survey found that export expectations hit an 18-month high in the first quarter of 2017 after years of economic stimulus by governments and central banks take hold.