Reference Interest Rates for 2025 for Notional Interest Deduction on Equity
The Cyprus Tax Department published on 14 February 2025 the bond yield rates as at 31 December 2024 for a number of countries, to be considered...
19 February 2025
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
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
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
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
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
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
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
Cyprus – Tax Treatment of Non-Refundable Capital Contributions
Through Interpretative Circular 25, released on 3 September 2018, the Cyprus Tax Department clarifies the tax treatment of non-refundable capital contributions......
