cyprus

Tax alert – Extension to the dates for objection or settlement of assessments

On 02 March 2023, the Tax Department has announced, that in an effort to proceed with the efficient and quick assessment of all the Income Tax Returns, a delay has...

15 March 2023

cyprus

Tax alert – EU Black-list as adopted on 14 February 2023

The Council of the European Union has updated the EU list of non-cooperative jurisdictions for tax purposes to include four new jurisdictions.

6 March 2023

cyprus

Tax alert – Interpretative Circular in connection to the new incentives for first employment in Cyprus

Commencement of Operation of the Information System "Ergani" Following an announcement by the Ministry On September 13, 2021, the provisions of the Social Insurance (Contributions) (Amendment) Regulations of 2017 (P.I.O....

9 November 2022

cyprus

Ministry announcement provisions of Social Insurance (Contributions)

Commencement of Operation of the Information System "Ergani" Following an announcement by the Ministry On September 13, 2021, the provisions of the Social Insurance (Contributions) (Amendment) Regulations of 2017 (P.I.O....

4 October 2021

cyprus

2020 Income Tax Declaration T.D1 Employees & self-employed

We would like to inform you that the Income Tax Declaration for individuals (TD.1 form) for the tax year 2020, is made available to the Taxisnet system. In accordance with...

19 July 2021

cyprus

Amendment of article 14 of the Cyprus Income Tax Law

Amendment of article 14 of the Income Tax Law: the limit of certain allowable deductions for individuals is increased from 1/6 to 1/5 of net income

9 January 2020