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...