New Arrangements For Payment Of Tax Deducted Under PAYE

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.

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The Cyprus Tax Department has announced that with effect from 1 March 2018 monthly payments of tax deducted by employers from employees' remuneration under PAYE must be made ...

Cyprus Wealth Management

The Cyprus Tax Department has announced that with effect from 1 March 2018 monthly payments of tax deducted by employers from employees' remuneration under PAYE must be made through the JCCsmart electronic payments service, unless the payment includes interest or penalties.

Payments which include interest or penalties must be made through District Tax Offices.

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New Arrangements For Payment Of Tax Deducted Under PAYE

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