The Cyprus Inland Revenue Department (IRD) have released updated guidance regarding the submission of Monthly and Annual Employer Declarations (TD7) for withheld income tax, General Healthcare System (GHS) contributions, and employer GHS contributions. Below is a streamlined summary of the revised requirements.

1. Who Must Submit TD7 Declarations

Submission of Monthly and Annual TD7 forms is required only for employers who:

– Withhold Income Tax, and/or
– Withhold GHS contributions, and/or
– Are required to pay Employer GHS contributions to the IRD.

2.Key Clarifications

– Monthly TD7 must be filed before any payment of withheld taxes/contributions can be made in the TFA system.
– Employers are encouraged to include all employees, even if no tax is withheld.
– If this is not done monthly, all individuals with no withholdings must be included in the December TD7.
– Employers with staff or officers who receive remuneration but have no tax/GHS payable must still submit one Monthly TD7 and the Annual TD7.

3.Companies With No Payroll Activity

– Companies without employees are not required to file any TD7.
– For tax year 2025, companies whose employees receive no remuneration are exempt from submitting TD7.
– Any automated IRD notifications sent to such companies may be disregarded.

4.Updated Filing Deadlines

– Monthly TD7 (July–December 2025): 31 March 2026
– Annual TD7 for 2024: 31 March 2026
– Annual TD7 for 2025: 31 May 2026