25 Jan Deadline for the Annual Levy 30 June 2017
Please ensure that you arrange the payment of the Annual Levy for 2017 by the 30th June 2017 by visiting the following website https://efiling.drcor.mcit.gov.cy/DrcorPublic/SearchForm.aspx?sc=1...
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25 Jan New CRS Reporting Deadline
The Cyprus Tax Department informs all Financial Institutions that the reporting deadline for CRS purposes is the 21st of July 2017, rather than the 30th of June 2017....
25 Jan Cyprus Tax Diary
31 January 2017 Submission of deemed dividend distribution declaration (IR623) for dividend paid out of profits of 2014 31 March 2017 Electronic submission of 2015 income tax return (IR4) for companies and individuals preparing audited accounts Electronic submission of the 2015 income tax return of physical persons preparing audited financial statements (A physical person is obliged to submit audited financial statements if his/her turnover exceeds €70.000 annually) 30 April 2017 Submission of personal tax returns for 2016 by salaried individuals with gross income exceeding €19.500 Insurance companies (life business): Payment of provisional tax for the first four months of 2017 30 June 2017 Submission of personal tax return (IR1) for 2016 by individuals with gross income exceeding €19.500 and who do not prepare audited accounts Payment of 2016 tax balance through self-assessment by individuals who do not prepare audited accounts Defence tax contribution payment in relation to dividends, rents, or interest from sources outside Cyprus for the first half of 2017 Payment of Companies’ Annual Levy €350 to the Registrar of Companies 31 July 2017 Electronic submission of employees’ details and employers’ return (IR7) for 2016 Electronic submission of personal tax return (IR1) for 2016 by salaried individuals with gross income exceeding €19.500 Submission of provisional tax assessment for 2017 and payment of the first instalment 1 August 2017 Payment of tax balance for 2016 through self-assessment by companies and individuals preparing audited accounts 31 August 2017 Insurance companies (life business): Payment of provisional tax for the second four months of 2017 Payment of immovable property tax for 2017 with a discount of 10% on the tax due 30 September 2017 Electronic submission of personal tax return for 2016 by individuals with gross income exceeding €19.500 and who do not prepare audited accounts. Payment of immovable property tax for 2017 without a discount of 10% on the tax due 31 December 2017 Payment of the second instalment of 2017 provisional tax Payment of defence tax contribution in relation to dividends, rents, or interest from sources outside Cyprus for the second half of 2017 Insurance companies (life business): Payment of provisional tax for the last four months of 2017 31 March 2018 Electronic submission of 2016 income tax return (IR4) for companies and individuals preparing audited accounts Electronic submission of the 2016 income tax return of physical persons preparing audited financial statements (A physical person is obliged to submit audited financial statements if his/her turnover exceeds €70.000 annually) End of each month PAYE is deducted from the employees’ salaries for the previous month Payment of tax withheld on payments made to non CY tax residents during the previous month Defence tax contribution deducted from interest, dividends, or rent* made to CY tax residents in the previous month...