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...
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 ...
Temporary Tax For 2025
The deadline for the payment of the 1st instalment of the Temporary Tax for the year 2025 is 31 July 2025, and the deadline for the 2nd instalment is 31 December 2025. Who is Obliged to Pay Temporary Tax: Individuals with taxable income from sources other...
End of Tax Portal Payments – Effective 1 July 2025
The Tax Department has announced that, as of 1 July 2025, it will no longer be possible to make payments for withheld taxes and contributions (PAYE/DAS) via the existing Tax Portal, as these declarations are being transferred to the new TAX FOR ALL (TFA) system. Once...
Extension of the date of submission of the income tax return for 2024
The Council of Ministers has issued a new Decree, published on 20 June 2025 in the Official Gazette of Republic of Cyprus, granting an extension for the submission of personal income tax returns and the payment of the corresponding tax for tax year 2024. Who is...
Tax Alert #8-2024: Temporary Tax for 2024 & Employer’s Returns (IR7) Not Submitted for the Years from 2019 Onwards
1) TEMPORARY TAX FOR 2024 The deadline for the submission of the 1st installment of temporary tax for the year 2024 is 31 July 2024 and the 2nd installment is 31 December 2024. Who is Obliged to Pay Temporary Tax: - Individuals with taxable income from sources other...