Cyprus Emolument Exemptions

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Changes in Employment Contributions for 2025

The earnings cap for Social Insurance purposes for 2025 has increased to €66,612 per annum (2024: €62,868 per annum)....

21 January 2025

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Employer’s Returns to be Submitted via the Tax For All Portal

On 13 January 2025 the Tax Department announced that submissions of the Withholding Taxes and Contributions Return, otherwise known as the Employer’s Return, as well as...

20 January 2025

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Registration of Employment Details in Ergani Information System

The decree outlines the essential terms and conditions of employment which employers are obliged to disclose via the Ergani Information System....

17 January 2025

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Cyprus Non-Dom Regime

The introduction in 2015 of the concept of domicile in the tax system and the resulting special regime for persons not domiciled in Cyprus, commonly known...

02 November 2024

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Deadline for Submission of Personal Income Tax Return for 2023 Further Extended

The Cyprus Tax Department announced on 30 October 2024 that the deadline for submission of the Income Tax Return for 2023 is further extended......

30 October 2024

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Deadline for Submission of Employer’s Return Extended

Through a circular issued on 30 May 2024, the Cyprus Tax Department announced amendments in the tax allowable thresholds for contributions to medical schemes. It relates...

30 October 2024

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Deadline for Submission of Personal Income Tax Return for 2023 Extended

The Cyprus Tax Department announced on 21 June 2024 that the deadline for submission of the Income Tax Return for 2023 is extended from 31 July...

21 October 2024

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Tax Circular on 50% Exemption of Remuneration from Income Tax

On 8 July 2024 the Cyprus Tax Department issued Circular 04/2024 entitled “50% exemption from Income Tax on remuneration from employment exercised in the Republic”....

06 August 2024

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Cyprus Parliament Approves EU Blue Card Legislation

On 11 July 2024, the Cyprus Parliament approved the draft legislation for the implementation of the EU Blue Card Scheme. The EU Blue Card offers a...

17 July 2024