M. Target Group would like to inform you that, according to a recent announcement by the Cyprus Tax Department, the deadline for the electronic submission of the 2024 Personal Income Tax Return (IR1), as well as the payment of the final tax due, has been extended to 30 September 2025.

Submission is mandatory for employees, pensioners, and self-employed individuals whose gross total income for the year 2024 exceeds €19,500.

As always, M. Target Group specialists remain at your disposal should you require any further information, clarification, or professional assistance.