09/04/2025
The below dates are important deadlines regarding submissions of tax forms and various payments such us PAYE, GHS, income and provisional tax, and more. Noting that these deadlines may be extended by relevant authorities in Cyprus.
- End of each month
Ø Payment of tax deducted from employees emoluments (PAYE) for the previous month – form: TD61
Ø Payment of social insurance and General Healthcare System contributions relating to salaries of the previous month – form: Y.A 2-002
Ø Payment of Special Defence Contribution (and General Healthcare Scheme contributions if payment is made to a Cyprus tax resident individual) withheld on payments of dividends and interest paid in the previous month to Cypriot tax residents – forms: TD602, TD603
Ø Payment of tax withheld on payments to non-Cyprus residents during the previous month – form: TD11
Ø Electronic submission of the monthly Employer’s Return via Tax For All portal – form: TD7
- 31st January
Submission of declaration of deemed dividend distribution for the year ended 31 December two years ago – form: TD623
- 31st March
Electronic submission of income tax return along with the Summary Information Table (if required) for the tax year preceding the previous year by companies and by individuals preparing audited financial statements – forms: TD4, TD1, SIT
- 31st May
Electronic submission of annual Employer's Return for the previous year – form: TD7
- 30th June
Ø Payment of Special Defence Contribution (and General Healthcare Scheme contributions if payment is made to a Cyprus tax resident individual) on rents, interest and dividends from sources outside Cyprus for the first half of the current year – form: TD601
Ø Payment of Special Defence Contribution (and General Healthcare Scheme contributions if payment is made to a Cyprus tax resident individual) on rents (where the tenant is a Cyprus company, partnership, the State or a local authority) paid for the first half of the current year – form: TD614
- 31st July
Ø Electronic submission of personal income tax return and payment of any outstanding tax for the previous year by employees and pensioners – form: TD1
Ø Electronic submission of personal income tax return and payment of any outstanding tax for the previous year by self-employed individuals who do not submit audited accounts but are obliged to issue invoices, receipts, etc. – form: TD1
Ø Submission of the provisional tax return and payment of the first instalment of the temporary tax for the current year – form: TD6
- 1st August
Payment of the final tax liability for the previous year using the self-assessment method by companies and individuals preparing audited financial statements – form: TD158
- 31st December
Ø Payment of the second and last instalment of the temporary tax for the current year
Ø Payment of Special Defence Contribution (and General Healthcare Scheme contributions if payment is made to a Cyprus tax resident individual) on rents, interest and dividends from sources outside Cyprus for the second half of the current year – form: TD601
Ø Payment of Special Defence Contribution (and General Healthcare Scheme contributions if payment is made to a Cyprus tax resident individual) on rents (where the tenant is a Cyprus company, partnership, the State or a local authority) paid for the second half of the current year– form: TD614
Ø Submission of revised temporary tax assessment for the current year, if considered necessary – form: TD6
Interest and Penalties:
The official interest rate for late payments is 5.5% per annum for all amounts due after 1 January 2025 (5% for 2024, 2.25% for 2023, 1.75% for 2020–2022, 2% for 2019, 3.5% for 2017 and 2018, 4% for 2015 and 2016, 4.5% for 2014, 4.75% for 2013, 5% for 2011 and 2012, 5.35% for the year 2010, 8% for the years 2007-2009). In addition to the interest, a penalty is also charged depending on the circumstances.
PGE&Co remains at your disposal for any clarifications and for further assistance that might be needed on this or on any other matter.