3016 Limassol, Cyprus

41, Misiaouli & Kavazoglou Street, 2nd Floor, Office 201

+357 25 87 14 14

41, Misiaouli & Kavazoglou Street, 2nd Floor, Office 201

+357 96 63 66 26

WhatsApp, Viber​

Tax Due Dates By Month

End Of Each Month

31st January

30th April

1st June

(* Extended for two months from 31 March 2020)

30th June

31st July

31st August

30th September

31st December

Penalties

The official interest rate, as set by the Ministry of Finance, for all amounts due after 1 January 2020 is 1,75% (2% for 2019, 3,5% for 2018 and 2017, 4% for 2016 and 2015, 4,5% for 2014, 4,75% for 2013, 5% for years 2012 and 2011, 5,35% for the year 2010, 8% for the years 2007‐2009 and 9% up to 31 December 2006).
A penalty of 5% is imposed on the unpaid tax. An additional 5% is added if the tax remains unpaid 2 months after the payment deadline.
This publication has been prepared as a general guide and for information purposes only. It is not a substitution for professional advice. Authors or the publishers accepts no duty of care or liability for any loss occasioned to any person acting or refraining from action as a result of any material in this publication.

Sign up for our Newsletter

Stay up to date on the latest industry news, tax calendar events, and our team achievements