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Living in the RoC or the North

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Living in the RoC or the North

Postby Lordo » Wed Jul 19, 2023 1:51 pm

Am I right thinking that if I earn money as self employed anywhere in the world, I can have 19,500 paid into a bank account without being taxed in the RoC? And I gather up to 28K I am liable for 20% tax right?
Is there insurance to be paid? if so does anybody know what percentage
Any idea which bank is a safe bank for Sterling account?
There must be bank charges of course if the money is coming out of the country, especially if it is out of EU.

Does anybody know how much the bank charges are?
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Re: Living in the RoC or the North

Postby Londonrake » Wed Jul 19, 2023 2:05 pm

Lordo wrote:Am I right thinking that if I earn money as self employed anywhere in the world, I can have 19,500 paid into a bank account without being taxed in the RoC? And I gather up to 28K I am liable for 20% tax right?


https://taxsummaries.pwc.com/cyprus/ind ... nal-income
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Re: Living in the RoC or the North

Postby Lordo » Wed Jul 19, 2023 5:37 pm

Thanks for that ol man. Just what the doctor has ordered.
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Re: Living in the RoC or the North

Postby Londonrake » Wed Jul 19, 2023 6:06 pm

Lordo wrote:Thanks for that ol man. Just what the doctor has ordered.


Mate - if you're thinking of upping sticks and moving out here to Paradise I will start a Forum Crowd Funding effort to help with all your expenses. :lol: :lol: :lol:

:wink:
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