End of each month
P.A.Y.E. deducted from employees’ salaries for the previous month
Special contribution deducted from employees’ salaries for the previous month
Payment of tax withheld on payments made to non tax residents during the previous month
Defence contribution deducted from dividends, interest and rent (Companies, partnerships, the Government or any local authority that pay rent have an obligation to withhold special defence contribution on the amount of the rent paid) paid for the previous month
31 January
Payment of deemed distribution out of profits of 2014
31 March
Electronic submission of 2014 income tax return for individuals and companies preparing audited accounts (I.R.4)
30 April
Submission of personal tax returns for previous year for individuals who are employees and have Gross Income over €19.500 (I.R.1)
Payment of provisional tax by insurance companies (life sector) for the first four months of the year
30 June
Submission of personal tax return for previous year for individuals not preparing accounts and have Gross Income over €19.500 (I.R.1)
Payment of special defence contribution in relation to rents, from sources within Cyprus for the first half of 2016
Payment of special defence contribution in relation to rents, dividends or interest from sources outside Cyprus for the first half of 2016
Payment of final tax with self assessment for previous year by individuals who not prepare audited accounts.
31 July
Electronic submission of personal tax return for previous year for individuals who are employees and have Gross Income over €19.500 (I.R.1)
Electronic submission of employers’ return and employees’ details for 2015 (I.R.7)
Submission of provisional tax assessment for the current year and payment of the first installment (I.R.6)
1 August
Payment of previous year tax through self assessment by individuals and companies preparing audited accounts (I.R.158)
31 August
Payment of provisional tax by insurance companies (life sector) for the second four months of the year
30 September
Electronic submission of personal tax return for previous year by individuals not preparing audited accounts and have Gross Income over €19.500 (I.R.1)
Payment of immovable property tax for the current year
31 December
Payment of second and final installment of provisional
tax for the current year (I.R.6)
Payment of special defence contribution in relation to rents, from sources within Cyprus for the second half of 2016
Payment of special defence contribution in relation to rents, dividends or interest from sources outside Cyprus for the second half of 2016
Payment of provisional tax by insurance companies (life sector) for the last four months of the current year
Accounts Must be filed with the registrar by 31/12/2016 for year 2015
