M. Target Group would like to remind you that 30 June 2025 is the deadline for individuals and companies to submit the relevant income information, as outlined below, to the Tax Department for the period 1 January – 30 June 2025, under the self-assessment method.

The deadline covers:

• Rental income (from Cyprus and abroad) received by Cyprus tax residents and Cypriot companies — subject to Special Contribution for Defence (SCD)
• Dividends and interest from foreign sources received by Cyprus-domiciled, tax-resident individuals — subject to SCD
• Rental payments made by tenants — SCD and National Health Contributions (NHS) may apply
• NHS on gross income from rent, dividends, and passive interest, applicable to both Cyprus tax residents and certain non-residents

The submission of income information must be completed by 30 June 2025, while the payment of any resulting taxes must be made during July 2025.

Failure to comply may result in interest and penalties.

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