On 9 February 2021, an amendment to the VAT Law was published in the Official Gazette allowing for the VAT that is due for the VAT returns ending 31/12/2020 and 31/1/2021 to be settled in three (3) equal monthly instalments without the imposition of additional...
https://numerise.com.cy/wp-content/uploads/2020/11/Cyprus_Income_Tax_and_Social_Insurance_Contributions.pdf...
We would like to inform you that the personal income tax return for the tax year 2019 is now available and all individuals can proceed with its preparation and submission. The electronic submission deadline is 30 October 2020 but according to an announcement by the Tax...
On 10 August 2020 Cyprus and Russia have agreed on an amendment of the existing provisions of the Cyprus-Russia tax treaty. According to the agreement reached, the existing withholding tax (WHT) rates on dividend and interest payments made from Russia to Cyprus will increase to 15%...
Corporate Administrator We are looking to recruit a highly motivated, competent and responsible individual with a positive approach, and excellent communication and interpersonal skills, who should be able to work under pressure and demonstrate responsibility for all given tasks. Main Duties and Responsibilities -Day to day operation of the...
The Tax Department informs that the date of the electronic submission of the 2019 personal income tax return for: (a) Employees and pensioners (TD1) whose gross income exceeds €19.500, and (b) Self-employed individuals (TD1 self-employed), whose turnover does not exceed €70,000 and who don’t have...
The Ministry of Labour, Welfare and Social Security has published on its website the online applications that need to be completed by those who have been affected by the anti-coronavirus measures. There are five different schemes announced and the Government launched five different applications: 1. Parental Leave Special...
In the context of tackling the economic impact of the COVID-19 disease, the House of Representatives on 27/3/2020 has approved the decision to exempt from payment of the increased GHS contribution for a period of 3 months The rates of the GHS Contributions are set as...
In the context of the measures taken by the government to support companies / businesses affected by the restrictive measures imposed to limit the spread of COVID-19 (Coronavirus), the Department of Registrar of Companies and Official Receiver issued the following announcement on 23 March 2020: ...
Based on the World Health Organization's data and on the growing spread of the coronavirus both in Europe and in Cyprus, the Council of Ministers considers that Cyprus is facing a state of emergency. In light of the business disruption caused by the Coronavirus, the Cyprus Government...