Search results
Results From The WOW.Com Content Network
Hybrid vehicles owners will pay a reduced tax (50% to 100% reduction). Electric vehicle and Classic car owners will pay no tax at all. All vehicle owners get a 10% reduction if they pay the tax before May 1 (which is the deadline for paying the vehicle tax).
The vehicle registration plates of Cyprus are composed of three letters and three digits (e.g. ABC 123). A simple incremental numbering system is used; numbers run from 001 to 999 per letter sequence (alphabetic), so that, for example, the plate to be issued after MAA 999 would be MAB 001 .
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
Taxes in Cyprus are levied by both the central and local governments. Tax revenue stood at 39.2% of GDP in 2012. [1] The most important revenue sources are the income tax, social security, value-added tax and corporate tax, and are all collected by the central government. Income tax is levied on a progressive rate.
6.9% (for minimum wage full-time work in 2024: includes 20% flat income tax, of which first 7848€ per year is tax exempt for low-income earners + 2% mandatory pension contribution + 1.6% unemployment insurance paid by employee); excluding social security taxes paid by the employer
Founded in 1933, it has the aim of offering assistance to the private motorist, in Cyprus and abroad, and to promote the interests of car owners in general. The CAA is a member of the Fédération Internationale de l'Automobile (FIA) and the Alliance Internationale de Tourisme (AIT).
Cyprus Motorway logo. Since the arrival of the first motor cars on the island in 1907, [1] Cyprus has developed a modern road network. According to 2002 statistics, the road network in the Republic of Cyprus-administered areas of Cyprus consists of about 7,206 km of paved and 4,387 km of unpaved roads.
A Cyprus licence is valid in all EU member states. They are printed on paper but new licences are now plastic credit card style, show the holder's photograph and have the standard EU vehicle categories and EU logo. Offences such as speeding and drink driving are strictly policed and penalty points can be imposed on driving licences when caught.