Cyprus Tax Diary 2024
05/01/2024
Important deadlines regarding submissions of tax forms and various payments such us PAYE, GHS, income and provisional tax, and more.
At PGE&Co, we offer comprehensive tax services tailored to Cyprus’ regulatory landscape, allowing you to fulfill taxation and reporting obligations seamlessly. Our expertise covers a wide spectrum of taxation areas, from corporate and personal income tax, to social security, value-added tax (VAT), capital gains tax, withholding taxes, excise taxes and customs duties as well as other local taxes.
Key Highlights:
We stand alongside you, offering reliable Taxation Services that go beyond the expected, ensuring your business remains fully compliant and resilient in the dynamic world of taxation.
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05/01/2024
Important deadlines regarding submissions of tax forms and various payments such us PAYE, GHS, income and provisional tax, and more.
18/01/2024
Important update relevant to payroll and the contributions to be withheld.
18/01/2024
The Claim for Allowances form has been issued and released by the Tax Department.
25/01/2024
Cyprus tax residents enjoy a reduced special defence contribution rate on their passive interest income
25/01/2024
Interest on late payments now increased therefore make sure to remain punctual on your tax payments.
31/01/2024
The updated DTT between Cyprus and France enhances economic collaboration between the two countries
13/02/2024
Wondering how your Airbnb or other similar establishment is taxed in Cyprus?
27/02/2024
Learn more about the latest updates on the TP thresholds, other tax matters and the abolishment of the company annual levy.
13/06/2024
The deadline for submission of the Employer’s tax return (TD7) for the year 2023 is fast approaching. Stay up-to-date with your statutory obligation and make sure that you avoid the penalty.
15/05/2024
Accelerated capital allowances and other amendments to incentivize businesses towards expenditure to improve energy efficiency and cut costs.
25/06/2024
Tax return for the year 2023 is now available for submission
13/06/2024
All taxpayers with related party transactions have to submit a Summary Information Table
28/06/2024
Learn more about the tax treatment and how the deductions for medical insurance schemes are increased from 2024 onwards.
01/07/2024
Companies and self-employed individuals with taxable income must arrange this by the end of July.
04/11/2024
With the UK non-domiciled tax regime coming to an end, its so far beneficiaries are seeking alternatives. Cyprus boasts an array of attractive tax and non-tax benefits and is already a preferred, prime destination.
06/12/2024
The second instalment of the provisional tax is approaching. See the date, who is affected and more details in case a revised provisional assessment is needed.
17/12/2024
A minimum global tax rate of 15% is applied specifically to MNE groups and large domestic groups within the EU, that have annual consolidated revenues exceeding €750 million.
Our flagship service since 1972. With our innovative approach to auditing that goes beyond regulatory mandates, we promote transparency while rebuilding confidence. Assurance is not just about compliance; it's about growing your business.
Bespoke services assisting you in navigating through the complexities of today's business landscape. As trusted advisors we work with entrepreneurs, professionals and businesses, either mature or startups and with teamwork, expertise, and industry insights we ensure that we get the job done effectively.
We specialize in the preparation and audit of consolidated financial statements, in accordance with the International Financial Reporting Standards. Our expert team ensures that valuable and useful group accounts are prepared, always remaining committed to transparency and integrity.
We undertake the complete payroll function on behalf of our clients, offering them ease of mind and assurance that their business complies with all the rules and regulations concerning their workforce. Focus on the essential parts of your business, let us handle the payroll jargon.
Businesses in Cyprus are mandated to maintain proper accounting books and records. These records must encompass all financial transactions, including receipts, expenses, sales, purchases, assets, and liabilities. Accurate and complete reports ensure transparency and accountability.
Stay informed about valuable insights as well as regulatory and tax updates