Cyprus Tax Alert: First Provisional Tax Instalment for Tax Year 2026
The deadline for the payment of the first provisional tax instalment for tax year 2026 is 31 July 2026. Companies and individuals who expect to generate taxable income during 2026 should review their provisional tax position and arrange the relevant calculation and payment before the deadline. Who...
Mandatory Electronic Payment of Rent as of 1 July 2026
The Tax Department has issued an announcement regarding the mandatory electronic payment of rent for immovable property in Cyprus, effective as of 1 July 2026. According to the announcement, all rent payments relating to immovable property in Cyprus must now be made exclusively through electronic means....
Extension of Deadline for 2025 Personal Income Tax Returns
The deadline for 2025 Personal Income Tax Returns has been extended following a Decree issued by the Council of Ministers on 12 June 2026 and published in the Official Gazette of the Republic. The extension applies not only to the submission of the Personal Income Tax...
Tax Reform in English: Material & Practical Examples from the Webinar | January 29 2026
The webinar “Tax Reform and Its Impact on Businesses and Individuals: A Practical Approach” has been successfully completed for the second time, focusing on the key changes coming into force on 1 January 2026 and their practical impact on everyday decision-making. During the webinar, participants gained...
Monthly and Annual Employer Income Tax Withholding Declarations
We would like to inform you that the Tax Department issued an announcement on 26 January 2026 regarding Monthly and Annual Employer Withholding Tax and Contributions Declarations, including updated filing deadlines. Employers who employ employees and/or officers (Directors/Secretaries) with remuneration without withholdings payable to the Tax...
Φορολογική Μεταρρύθμιση 2026: Υλικό & Πρακτικά Παραδείγματα από το Webinar | 15 Ιανουαρίου 2026
Ολοκληρώθηκε με επιτυχία το webinar «Η Φορολογική Μεταρρύθμιση και η επίδραση της σε επιχειρήσεις και φυσικά πρόσωπα: Μια Πρακτική Προσέγγιση», το οποίο επικεντρώθηκε στις βασικές αλλαγές που τίθενται σε ισχύ από την 1η Ιανουαρίου 2026 και στον ουσιαστικό τους αντίκτυπο στην καθημερινή λήψη αποφάσεων. Κατά τη...
Extension of Income Tax Return Deadline
The Tax Department announces the extension of the deadline for submitting the Income Tax Return for the years 2023 and 2024: 31st March 2026 for the tax year 2023 30th November 2026 for the tax year 2024 The extension applies to companies (IR4) and individuals with...
Temporary Tax 2025 – Second Instalment
We would like to remind you that 31st December 2025 is the deadline for submitting the revised temporary tax assessment and for paying the second instalment of the temporary tax for 2025. Obligation to Pay Temporary Tax The following persons are required to submit the temporary tax...
Submission of IR7 through the TFA System
The Tax Department has announced that as of Friday, 22 August 2025, the submission of IR7 Declarations (withholding tax and contributions) and the respective payments will be carried out exclusively through the TaxForAll (TFA) system. Annual IR7 Declarations for the year 2024 Submission deadline: 31 December 2025 ...
TFA System Reopening
The Tax Department announces the reopening of the Tax For All (TFA) system as of 21 July 2025. The following extensions and updates apply: Deadline Extensions (until 29 July 2025) for: VAT returns for periods ending 31/05/2025 Payment of VAT due for the same periods Flat-rate VAT...