Cyprus:
New Arrangements For Payment Of Tax Deducted Under PAYE
21 February 2018
Elias Neocleous & Co LLC
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The Cyprus Tax Department has announced that with effect from 1
March 2018 monthly payments of tax deducted by employers from
employees' remuneration under PAYE must be made through the
JCCsmart electronic payments service, unless the payment includes
interest or penalties.
Payments which include interest or penalties must be made
through District Tax Offices.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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