CYPRUS: PROVISIONAL TAX 2023

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 July 2023, 31st of December 2023. If provisional tax payments were made based on an incorrectly calculated […]

Extension to the filing date of Income Tax Return (IR1 2022)

We would like to inform you that the deadline for the submission of the 2022 Personal Income Tax Return (T.D. 1 Form) in Cyprus has been extended until 2 October 2023, as per the decree (No.183/2023) issued on 9 June 2023. The extension also applies to the payment of the related income tax due via self-assessment. […]