The Tax Department has announced that the Income Tax Return for Individuals (T.D.1 Employee / Self Employed) for the tax year 2022 is available for submission via the TAXISnet system. It is noted that physical persons (Employees, Pensioners and Self-employed)…
The provisions of the Special Contribution for the Defence Law relating to withholding obligations on rental payments have been amended. Based on the specific amendments, as of 9 June 2023 every person who has the obligation to withhold special contribution…
Amending law on Article 8(23A) On 30 June 2023, an amending law with regards to Article 8(23A) of the Cyprus income tax legislation was published in the Official Gazette of the Republic of Cyprus. The amending legislation has a retrospective…
Cyprus companies are required to apply a temporary tax assessment / calculation of their 2023 chargeable income under the Cyprus Income Tax Law. The temporary tax assessment/estimation is due in two equal instalments on or before following dates: 31st of August 2023, 31st of…