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Posted in News, News for Greece, PAYROLL SERVICES
Integration of young people in the labor market – Two New Labor Grant Program
Two New Labor Grant Programs by the Greek Labor Organization for 11,500 new positions for unemployed people up to 29 years old.
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Posted in News, News for Greece, PAYROLL SERVICES
Institutional and Legal Framework of Telework
With the Press Release of the Ministry of Labour dated 13.07.2020, it was announced that the passing of a bill is expected in the coming days which, among other things, will determine a scheme of 10 statutory provisions
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Posted in News, News for Cyprus
Cyprus Tax News: Tax Portal is now live
The Cyprus Tax Department launched the Tax Portal, putting an end to tax payments at local District Offices as from 1st September 2020.
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Posted in News, News for Cyprus
Cyprus Tax News: VAT on hospitality and transport temporarily reduced to 5%
As part of its efforts to boost the coronavirus-stricken economy, the Cyprus government has temporarily reduced the VAT rate that applies to certain services in the tourism, restaurants, and transport industries from 9% to 5%.
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Posted in News, News for Greece
New suspension in the operation of the Central Registry of Ultimate Beneficial Owners
By a joint decision of the Deputy Minister of Finance Mr. George Zavvos and the Minister of State and Digital Government Mr. Kyriakos Pierrakakis, the suspension of the operation of the information system
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Posted in News, News for Cyprus
Cyprus Tax News: Amendments to the NID provisions of the Income Tax Law
The revised NID provisions enhance the tax benefits for Cyprus companies financing their operations through new equity, are in line with the recommendations of the European Commission, and offer additional clarity for taxpayers.
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Posted in News for Greece, PAYROLL SERVICES
Μechanism “SYN-ERGASIA” & Act 4690/2020
Law 4690/2020 (Gov. Gazette 104/A’/30.05.2020) has been published, and between the various measures provided for, a new mechanism to subsidise employment is available for the period from 15.06.2020 to 15.10.2020 called “SYN-ERGASIA”.
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Posted in News for Greece, PAYROLL SERVICES
The new Labour Inspectorate fines based on decision no. 60201/D7.1422 – Gov. Gazette Β’ 4997/31-12-2019 οf the Ministry of Labour.
The Government Gazette has published decision No. 60201/D7.1422 – Gov. Gazette Β’ 4997/31-12-2019 of the Ministry of Labour “Categorization of violations and determination of the amount of fines imposed by the Labour Inspectorate”.
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Posted in News for Cyprus, News for Greece, TAX SERVICES
Article: Commission waives customs duties and VAT on the import of medical equipment
The European Commission has published a decision helping Member States affected by the coronavirus pandemic to temporarily suspend customs duties and VAT on protective equipment, testing kits or medical devices…
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Posted in News for Greece, PAYROLL SERVICES
Article: Private Sector -Working in the coronavirus era
Suddenly, in March 2020, everything we knew about working in the private sector changed. There is no doubt that a difficult time has begun for both, employees and employers. The government, with the measures announced…