Many people have been asking questions about ΓεΣΥ (Gesy) or the General Health System (GHS), the new healthcare system for Cyprus, particularly on how contributions are to be collected. Below we have a link to the latest available information on the system. It is in .pdf format, so you can download or print the document.
Banks and other entities in Cyprus have been withholding contributions from interest and dividends from 1st March of this year and other contributions will be collected through the Tax Department or National Insurance, as appropriate.
We would remind you that the law requires all residents in Cyprus to file a tax return, even if their income falls below the threshold for payment of Income Tax, or if tax is paid overseas.
maroni.life 