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Interest imposed on tax payable / refundable amounts

The Commissioner of Taxation of Cyprus has notified that as from 1 January 2017 the annual interest rate that will be imposed on all amounts payable or refundable from the tax authorities will be 3,50% (2015 / 2016 4%).

Latest news

Filing of companies temporary tax return for the year 2020

It is a requirement of the Cyprus tax system that tax on a company's profits for the current tax y...…

Published: Saturday 20 June, 2020

Extension for filing of personal tax returns

It has been announced by the Commissioner of Taxation that if a person's gross income for the year 2019 exceeds €19.500 (it applies to employees, pensio...…

Published: Thursday 18 June, 2020

Extension for filing of tax returns

It has been announced by the Commissioner of Taxation that the date for filing of tax returns by companies or self-employed persons who prepare financia...…

Published: Wednesday 27 May, 2020