Though a Decree issued on 5 June 2020, the Ministry of Finance of Cyprus extended the deadline for submission of the 2019 personal income tax return to 30 October 2020.
The extension applies both to employees and pensioners whose income exceeds €19.500, as well as to self-employed individuals whose turnover does not exceed the threshold of €70.000 and thus they do not have to prepare audited financial statements. The extension applies also to the payment of the relevant tax due as per the tax return.
