ARTICLE
21 September 2018

Submission Of 2017 Tax Returns

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Elias Neocleous & Co LLC

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Elias Neocleous & Co LLC is the largest law firm in Cyprus and a leading firm in the South-East Mediterranean region, with a network of offices across Cyprus (Limassol, Nicosia, Paphos), Belgium (Brussels), Czech Republic (Prague), Romania (Budapest) and Ukraine (Kiev). A dynamic team of lawyers and legal experts deliver strategic legal solutions to clients operating in key industries across Europe, Asia, the Middle East, India, USA, South America, and China. The firm is renowned for its expertise and jurisdictional knowledge across a broad spectrum of practice areas, spanning all major transactional and market disciplines, while also managing the largest and most challenging cross-border assignments. It is a premier practice of choice for leading Cypriot banks and financial institutions, preeminent foreign commercial and development banks, multinational corporations, global technology firms, international law firms, private equity funds, credit agencies, and asset managers.
The Cyprus Tax Department has issued a further reminder that 31 October 2018 is the last date for submission of tax returns for 2017
Cyprus Tax

The Cyprus Tax Department has issued a further reminder that 31 October 2018 is the last date for submission of tax returns for 2017 by employees and self-employed persons with an annual turnover below € 70,000 and payment of any tax due by self-assessment.

Returns may only submitted online via the department's TAXISnet portal. Up to 31 October 2018 payment of tax due may only be made online. After that date, payments must be made at District Tax Offices and will be subject to interest and penalties.

The deadline for payment of SDC tax for 2017 has already passed, and payments must be made at District Tax Offices and will be subject to interest and penalties.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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