The Tax Department of Cyprus announces that in accordance with the decision of the Members of Parliament, which will be published shortly, the deadline for the submission of the tax declaration for Physical Persons (Employee, Pensioner and Self Employed without Statutory Accounts) as well as the payment of the relevant taxes (payable via Self-assessment), for the tax year 2021, has been extended from 31 July 2022 to 31 August 2022.
Increase of Insurable amount for Social insurance contributions for the year 2023
For 2023 the insurable amount applicable for social insurance contributions has increased to Euro 60.060 per annum...