by Marios Panayides | Jan 7, 2023 | Business, Social Insurance
For 2023 the insurable amount applicable for social insurance contributions has increased to Euro 60.060 per annum from Euro 58.080 per annum, Euro 5.005 per month from Euro 4.840 per month for monthly paid employees and Euro 1.155 per week from Euro 1.117 per week...
by Marios Panayides | Sep 30, 2022 | Income Tax, Tax
On 23 September 2022, the Council of Ministers issued a Decree in official Gazette which exempts individuals with gross annual income below 19,500 Euro from the obligation to submit a personal tax return (TD1) for the tax year 2022. As a reminder, back in August 2020,...
by Marios Panayides | Mar 26, 2022 | Income Tax
On 24 March 2022, the House of Parliament voted the extension of the submission of the 2020 corporate income tax return (TD4) from 31 March 2022 to 31 July 2022. For any assistance please free to contact us.
by Marios Panayides | Jan 31, 2022 | Tax
The deadline for the electronic submission of the declarations for Special Defence Contribution (SDC) and General Healthcare System (GHS) contributions withheld on interest (T.D. 602) and dividend payments (T.D. 603), extended to 31 March 2022. Submissions made after...
by Marios Panayides | Dec 16, 2021 | Tax
This is a reminder of the approaching deadline for the Special Defence Contributions (SDC) and General Health System (GHS) contributions on Deemed Dividend Distributions (DDD) for the 2019 tax year that need to be settled by 31 January 2022. Scope of the...
