Increase of interest rate on late payments

Interest on late payments now increased therefore make sure to remain punctual on your tax payments.



The interest imposed by the Cyprus Tax Department, on late tax payment, is increased from 2.25% to 5% starting from 1 January 2024.

Interest is charged on every completed month of delay.

We urge our esteemed clients to remain punctual on their tax payments and avoid any unnecessary costs.

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

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