by Stelios Spiliotis | Dec 4, 2023 | Tax
The deadline for the submission of a revised provisional tax calculation for 2023 (if needed) and the payment for the second provisional tax instalment for 2023 is at 31 December 2023. Taxpayers are reminded that the 2023 temporary tax assessment may be revised...
by Demetris Nicolaides | Nov 30, 2023 | Tax, VAT, World News
The Tax Department has issued Circular 11/2023 on 28 November 2023, to provide additional clarifications to the amending law (Ν.42(I)/2023) which introduced important changes on the application of the reduced Value Added tax (VAT) rate of 5% on the purchase...
by Stelios Spiliotis | Oct 27, 2023 | Income Tax, Tax
Earlier this month, the Commissioner of Taxation announced an initiative aimed at expediting the processing of personal income tax declarations from 2017 onwards, with the goal of completing all income tax returns submitted up to 2022. In light of a delay in mailing...
by Demetris Nicolaides | Oct 20, 2023 | Tax
The European Union (EU) maintains a list of non-cooperative jurisdictions for tax purposes, also known as the EU blacklist. This list is part of the EU’s efforts to combat tax evasion and avoidance, and includes countries that have not complied with good tax...
by Marilena Vladimirou | Oct 9, 2023 | Tax
Please be informed about the upcoming deadlines for filings/payments, which are approaching, for the months of October and November 2023. 16 October 2023 (revised) VAT category C 6-8 16 October 2023 (revised) VIES reporting September. 31 October 2023: TD1: Extended...
by Stelios Spiliotis | Oct 4, 2023 | VAT
The Department of Taxation has announced that the deadline for submitting the VAT Declaration and making the corresponding tax payment for the period ending on 31/08/2023 has been extended until 16/10/2023. This extension has been granted due to an interruption in the...
