Deadline for submission of Employer’s Tax Declaration

***IMPORTANT UPDATE***

The Cyprus Tax Department has announced that the below mentioned deadline has been extended up to 31 July 2024, without the imposition of any penalties.

PREVIOUS UPDATE (15/5/2024)

The deadline for the submission of the Employer’s Annual Tax Declaration (Form TD7) for the year 2023 is the 31 May 2024.

Failure to submit the relevant tax declaration carries a €100 penalty for non-compliance.

The Employer’s Tax Declaration cannot be submitted unless the employees that are declared on the specific form have valid Cyprus tax identification codes.

PGE&Co remains at your disposal for any clarifications and for further assistance that might be needed on this or on any other matter.