Officials acknowledge teething problems with new tax system

Officials on Monday conceded certain problems have arisen with the new tax system instituted at the start of this year, but also said some of the issues have to do with lack of awareness on the part of the public.

Tax Commissioner Sotiris Markidis was briefing MPs on how the new tax system is progressing, almost a month after it kicked in.

The website of the tax department has posted a guide and an FAQ to help people better understand what tax exemptions and deductions they’re entitled to...