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Posts Tagged ‘Tax Pentalties’

Additional Extension of Deadline for Submission of 2019 Personal Income Tax Returns

On 27 November 2020 it was announced that the deadline for submission of the 2019 personal income tax return is further extended to 15 December 2020.

Payment of Postponed VAT Due to COVID-19 Can Be Made in Instalments

On 2 November 2020, an amendment to the VAT Law was published in the Official Gazette of the Republic, allowing for the said VAT due to be settled in six equal monthly instalments...

Deadline for Submission of 2019 Personal Income Tax Returns Further Extended

The deadline for submission of the 2019 personal income tax return is further extended to 30 November 2020.

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%...

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