ARTICLES
The tax department announced on 15 July 2023 that the individual’s tax return for the year 2022 can now be filed with the tax department. Obligation to file such a tax return has all persons whose annual income exceeds €19.500.
The tax return, and any taxes due, must be filed and paid by 2 October 2023. Late filing of the tax return and settlement of taxes due will result in penalties and interest.
Latest news
The Ministry of Finance issued an announcement in relation to the extension of the deadline for the submission of the 2023 income tax return filed by individuals not preparing audited financial statements to that of 30 November 2024.…
Published: Wednesday 30 October, 2024
The tax department announced that the deadline for the filing of the individual’s tax return and the payment of any taxes due has been extended to 31 of October 2024. Employees, pensioners, and self-employed individuals with a gross total income exceeding €19,500 in 2023 are required to f...…
Published: Monday 09 September, 2024
Changes in the withholding payment of Special Defense and GESY contributions on payable rents of legal entities. The Cyprus tax authorities inform that a legal entity which pays rent to an individual to 30 of June and to 31 of December of a given year, is now liable to pay the special contributio...…
Published: Wednesday 28 February, 2024
Morison Patsalides