Cyprus Tax News: Tax Update Extended Deadlines

Extended deadline for the submission of 2019 personal income tax returns and for the payment of tax

 We would like to inform you that in accordance with a Decree issued on 5 June 2020, the following deadlines are extended to 30 October 2020:

  • Electronic submission of the 2019 personal income tax return by employees and pensioners (TD1 – Employee) whose gross income exceeds €19.500, and for the payment of their final tax due, and
  • Electronic submission of the 2019 personal income tax return by self-employed individuals (TD1 – Self-employed) with turnover that does not exceed the amount of €70.000 and who do not have obligation to prepare audited financial statements and for the payment of their relevant tax due.