| The main items of taxable personal income are income from employment and income obtained by self-employed persons for their services. Income from capital investments includes the following:
- receivable rents;
- receivable dividends.
Cyprus has indirect taxes such as VAT, for which the rate is 15%.
Other forms of taxable income include pensions, any one-off payment made as an end of service gratuity, compensation for death and bodily harm and unemployment income.
Cost of living
The inflation rate in Cyprus in 2003 was 4.1%. The unemployment rate was 3.5%.
Information on these matters is available on the websites of the , the Statistical Service, the and the Cyprus Consumers' Association. |