Important Tax Deadlines in December 2023 for Filings and Payments

Written by Marilena Vladimirou
Tax
11 December, 2023

Please be informed about the upcoming deadlines for filings/payments, which are approaching, for the month of December 2023.

  • 10 December 2023:
    • Vat category B 8-10
  • 15 December 2023:
    • Vies reporting November.
  • 31 December 2023:
    • Submission of the 2023 revised provisional tax return (if applicable) and payment of the second instalment of provisional tax. (Tax form TD5 and TD6 in case of downward revision and through tax portal in case of upward revision).
    • Payment of SDC (and GHS contributions if payment is made to a Cyprus tax resident individual) on rents, dividends or interest earned from sources outside of Cyprus for the last 6 months of 2023. (Payment through tax portal under payment codes 604, 612, 613).
    • TD 199: Payment of the third and last instalment of the premium tax for insurance companies (life business) for 2023.
    • Payment of Professional Tax Imposed by Limassol Municipality for 2023.
    • TD 602: Payment of SDC (and GHS contributions if payment is made to a Cyprus tax resident individual) withheld on interest paid in the previous month to Cyprus tax residents.
    • TD 603: Payment of SDC (and GHS contributions if payment is made to a Cyprus tax resident individual) withheld on dividends paid in the previous month to Cyprus tax residents.
    • TD 614:  Payment of SDC (and GHS contributions if payment is made to a Cyprus tax resident individual) withheld on rent paid in the previous month to Cyprus tax residents.
      Please note that if the tenant is a Cyprus Company/Partnership/Governmental Org./Local Authority, then there is an obligation for the tenant to withhold the SDC payable and pay the tax accordingly, to the Tax Department.
    • TD 61: Payment of PAYE deducted from employees’ salaries for the previous month.
    • Payment of social insurance and GHS on payroll of previous month

We are available for any additional inquiries or clarifications you may require.

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