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Cash Payments for Rent Prohibited – Three Allowed Payment Methods Announced · Cyprus Report

Economy · Cyprus

Cash Payments for Rent Prohibited – Three Allowed Payment Methods Announced

1 sourceFirst reported 21 days agoUpdated 21 days ago

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Payments for rent in Cyprus are no longer permitted in cash as of July 1, 2026.
The Tax Department emphasizes that this change is part of a tax reform under Article 48A of the Collection and Assessment of Taxes Law N.4/1978.
Rent payments must now be made using three designated methods, which have been outlined by the authorities.
This policy aims to improve tax compliance and reduce cash transactions in the rental market.
Landlords and tenants are advised to familiarize themselves with the new payment options to ensure compliance.

Generated by AI from the 1 sources below · always verify with the originals

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Υπενθύμιση / Τέλος στα μετρητά για τις πληρωμές ενοικίων – Οι τρεις τρόποι που επιτρέπονταιOmega TV (Omegalive) · 21 days ago

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AI summary: catch up in 20 seconds

Payments for rent in Cyprus are no longer permitted in cash as of July 1, 2026.
The Tax Department emphasizes that this change is part of a tax reform under Article 48A of the Collection and Assessment of Taxes Law N.4/1978.
Rent payments must now be made using three designated methods, which have been outlined by the authorities.
This policy aims to improve tax compliance and reduce cash transactions in the rental market.
Landlords and tenants are advised to familiarize themselves with the new payment options to ensure compliance.

Generated by AI from the 1 sources below · always verify with the originals