Web Summit 2019 in full swing (live link within)

Thousands of visitors and participants have begun to congregate in Lisbon, Portugal, for this year's Web Summit event. Below we take a look at some of the key facts related to the conference. What is...

Revolut and their new Privacy Policy Changes

Revolut has recently implemented some alarming privacy policy changes. We take a look at the company itself, what those recent policy changes are, and how you can opt-out. What is Revolut? Revolut is a financial technology...

The Actual Cost of the General Health System

In the rush of preparations leading up to the implementation of the General Health System (GHS), reasonable questions emerge with regards to the socioeconomic impact of this whole effort. The public’s concerns intensified following...

Increase of Contributions to Social Insurance Fund

Since the beginning of the year, the contribution rate to the Social Insurance Fund was increased by 0.5% for employees, employers, self-employed persons and voluntary insured persons, on the basis of the Social Insurance...

Confusion among businesses about Benefits in Kind

The provision of Benefits in Kind is a practice currently followed by a significant number of businesses across Cyprus, with the aim of both creating an attractive package that appeals to trained and specialised...

Ambiguities and concerns in the implementation of the Explanatory Circular for Benefits in Kind

In line with an international trend that has been gaining ground over recent years, many Cypriot companies are now offering a wide range of Benefits in Kind (use of company and private vehicles, employee stock...
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