Extension Deadline for the Submission of Income tax for the tax year ended 31 December 2021

Provisional Tax Instalments 2022

All companies and self-employed persons should submit a temporary tax declaration and make two provisional tax instalments during the year of assessment. Reporting deadlines The dates of submission and payment of the provisional and final tax for tax year 2022 are as...
Notional Interest Deduction

Notional Interest Deduction

Cyprus Income Tax law has a new tax deduction applicable as from 1.1.2015 under the description Notional Interest Deduction (the “NID”) on new capital (the “NC”). The NID is calculated on the amount of new capital introduced in the entity on or...