The Cyprus Tax Department announced on 20 May 2024 that the Income Tax Return for 2023 is available for submission through...
The deadline for submission of the Withholding Taxes and Contributions Return or the year 2023 is on 31 May 2024.The Return, otherwise known as the Employer’s Return, provides...
As announced by the Tax Department on 21 February 2024, as part of the gradual implementation of the Tax For All platform, the Withholding Taxes and Contributions Return...
As from 1 January 2024, the Social Insurance Contribution rates for each of the employer and the employee are increased by 0,5% and for self-employed individuals by 1%.
On 22 June 2023 the Cyprus Parliament approved further amendments to the Income Tax Law in relation to this incentive.
The earnings cap for Social Insurance purposes for 2023 has increased to €60,060 per annum (2022: €58,080 per annum).
It is reminded that the contributions an employer is required to make...
On 1 November 2022 the Cyprus Tax Department issued Tax Circular 10 of 2022, providing clarifications and examples on how the exemptions are applied in practice.
The Cyprus Ministry of Labour and Social Insurance has recently announced the following in relation to electronic submissions and payments...
