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Posts Tagged ‘Tax Pentalties’

Deadline for Payment of Residual Income Tax for 2019

The statutory deadline for the payment of any residual (i.e. after taking in to account any tax which was paid provisionally) income tax due for the year 2019 for ...

Deadline for Submission of 2018 Tax Returns Further Extended

Through a Decree issued on 22 May 2020, the Cyprus Tax Department announced that the deadline is further extended...

Measures in Response to the Coronavirus Outbreak voted by Cyprus Parliament

Many business and employment related measures have been voted in to law by the Cyprus Parliament...

Increase in General Healthcare System Contributions

As from 1 March 2020, the respective contributions will increase to 2.90% for employers, 2.65% for employees, 4% for self-employed persons and 4.70% for the state... 

Public Interest Rate for 2020

With a decree issued on 20 December 2019, the Minister of Finance of the Republic of Cyprus has set the public interest rate for 2020 at 1.75%...

Double Tax Treaty between Cyprus and Andorra Enters in to Force

On 11 January 2019 the DTT entered in to force. It generally applies from...

Information about Tax Appeals becomes publicly available

The Tax Tribunal can now publish its rulings in relation to appeals against decisions of the Director of the Tax Department...

Cyprus Company Obligations

With ever increasing regulations and reporting requirements, it is now of even more importance to ensure that Cyprus companies... 

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