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Tax Diaries 2015
04 FEBRUARY 2015

Tax Diaries 2015

Cyprus Tax Diary 2015


Tax obligations for Cyprus companies and individuals for the year 2015.

By the end of each month
The employer should pay the PAYE (tax) deducted from employees’ salaries for the previous month
Payment of Defence tax deducted from dividends, interest or rent paid in the previous month

31 January 2015
Submission and payment of special contribution for defence on deemed dividend distribution for the tax year 2012

31 March 2015
Electronic submission of 2013 income tax returns for individuals and companies preparing audited accounts

30 April 2015
Submission of personal tax returns for year 2014 by salaried individuals (31 July for electronic submission)

30 June 2015
Submission of personal tax return for year 2014 by individuals who do not prepare audited accounts (30 September for electronic submission)
Payment of tax balance for 2014 through self assessment by individuals who do not prepare audited accounts
Payment of special contribution for defence in relation to rents for the first half of 2015.

31 July
Electronic submission of employers’ return for 2014
Submission by companies of provisional tax assessment for 2015 and payment of the first instalment
Electronic submission of personal tax returns for year 2014 by salaried individuals

1 August
Payment of 2014 tax balance through self assessment by individuals and companies preparing audited accounts.

30 September
Payment of immovable property tax for 2015
Electronic submission of personal tax return for year 2014 by individuals who do not prepare audited accounts

31 December
Payment of the second and final instalment of 2015 provisional tax. Revised temporary tax assessment can be submitted at any time until 31 December 2015
Payment of special contribution for defence in relation to rents for the second half of 2015
Payment of special contribution for defence on interest income that was no deducted at source