Governments around the world continue to be active with firm commitment to protect their populations from the economic - social  damage being caused by COVID-19. Whether through spending, tax cuts, investment - loan incentives or changes to filing deadlines, tax and regulatory systems will play a significant part in helping alleviate the financial and economic turmoil that is now occurring.

Stimulus measures across the globe are being proposed and implemented on a daily basis. Similarly, the Cypriot government subsequent to liaison with Parliamentary parties proceeded with targeted measures some of those already applicable and others pending shortly implementation.

In our effort to support local businesses and to help them remain informed, EY Cyprus resumes its series of Webcasts regarding COVID-19. As various questions arise on the application of these measures, we invite you to take part at our second webcast taking place on 02 April from 10:00AM to 11:30AM (Cyprus time), which will further address various employment – legal – regulatory  and tax aspects.

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