ARTICLES  

Amendment To The Law Regulating The Settlement Of Overdue Taxes

    Following the implementation of the law regulating the settlement of overdue taxes an amending law was published in the official government gazette on 22 September 2017, providing the following:
  1. The deadline for the submission of applications to enter the scheme for existing tax liabilities is extended by 3 months from the 3rd of October 2017 to the 3rd of January 2018.
  2. In order to be able to benefit from the scheme all applicants must submit any tax returns not yet filed with the tax authorities for the tax year up to 2015 by the 30th of June 2018.

Latest news

Extension of deadline for submission of the 2023 income tax return

The deadline for submitting the tax return for companies and self-employed individuals that have turnover exceeding the amount of €70.000 and therefore have an obligation to prepare audited financial statements for the year 2023 is extended to 30.11.2025. There will be a penalty of €100 f...…

Published: Wednesday 30 July, 2025

Extension of the filing deadline for the individual’s income tax return for the year 2024

The tax department announced that the deadline for the filing of the individual’s income tax return and the payment of any taxes due has been extended to 30 September 2025. Employees, pensioners, and self-employed individuals with a gross total income exceeding €19.500 in 2024 are require...…

Published: Friday 11 July, 2025

Extension to the filing date of the personal tax return 2023

The Ministry of Finance issued an announcement in relation to the extension of the deadline for the submission of the 2023 income tax return filed by individuals not preparing audited financial statements to that of 30 November 2024.…

Published: Wednesday 30 October, 2024