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 | Aug 2, 2022 | Income Tax, Tax
Cyprus has introduced new rules for income tax exemptions on employment income to attract foreign talent. Income Tax Law (Amendment) (No. 6) of 2022 was published in the official Gazette on 26 July 2022 amending Articles 8 par 21 (the “Specific Exemption”) and Article...
by Christos Stylianou | Jul 28, 2022 | Income Tax, Tax
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...
by Demetris Nicolaides | Jul 5, 2022 | Tax
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...
by Demetris Nicolaides | Jul 14, 2021 | Income Tax, Tax
On the 9th July 2021, the Council of Ministers issued a Decree exempting physical persons with annual gross income less than €19,500 from the obligation to submit a Personal Income Tax Return for tax year 2020. Deadline for submission As a reminder the Personal Income...
