Cyprus, a small Island at the furthest most Eastern part of the Mediterranean Sea considered to be geographically in Asia and the Middle east but politically and culturally European. This small island is made even smaller by the fact it is divided from east to west by a hard border enforced by the United Nations thus dividing North and South. The North is the ‘Occupied area’ as the Greek South see it and a separate Republic as the Turkish North will insist. This has been the Status Quo since 1974 and sees no signs of changing anytime soon. The Southern Republic enjoys EU membership since 2004 when together with 8 others it was granted full EU membership.
Cyprus has no car manufacturing facility and thus being an island, imports all its motorcars. Cyprus adopts the English rule in many areas having been previously part of the British Empire and under English rule, it is [...]
The Cabinet of Ministers approved amendments to the law on vehicles, which introduce a new road tax for cars and vans with a high level of carbon dioxide emissions. The new road tax system applies to vehicles belonging to categories M1 and N1, i.e. cars with up to eight passenger seats, including the driver, as well as trucks weighing up to 3.5 tons, which will be registered in the Republic of Cyprus after the law enters into force, in early 2019. On the other vehicles, these changes do not apply. The new bill will cancel many concessions, which facilitated the registration of imported used cars. According to the new rules, the older the car and the greater the power of its engine, the higher the tax on the road. Owners of “young” cars will pay less. The new road tax will take into account combined-cycle CO2 emissions — euro [...]