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Latest news

VAT Payment Extension

As part of the measures to support companies facing liquidity problems due to the Covid-19 pandemic, the Ministry of Finance announces the extension of the payment extension for another three (3) tax periods. In particular, the payments that were payable on 10/5, 10/6 and 10/7 and have been suspe...…

Published: Tuesday 27 July, 2021

The Cyprus - Netherlands Double Tax Treaty

On 1st June 2021 Cyprus and Netherlands have signed a Double Tax Treaty which follows the provisions of the OECD model. The Treaty will take effect in the year following the year in which the ratification process in both countries is completed. The following are the main provisions of the...…

Published: Tuesday 27 July, 2021

Exemption to submit the 2020 personal income tax return

The Council of Ministers have passed a decree whereas individuals with annual gross income below €19.500 are exempted from the obligation to submit a personal income tax return for tax year 2020.…

Published: Tuesday 27 July, 2021