Personal Income Tax Form Extension

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Elias Neocleous & Co LLC

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Elias Neocleous & Co LLC is the largest law firm in Cyprus and a leading firm in the South-East Mediterranean region, with a network of offices across Cyprus (Limassol, Nicosia, Paphos), Belgium (Brussels), Czech Republic (Prague), Romania (Budapest) and Ukraine (Kiev). A dynamic team of lawyers and legal experts deliver strategic legal solutions to clients operating in key industries across Europe, Asia, the Middle East, India, USA, South America, and China. The firm is renowned for its expertise and jurisdictional knowledge across a broad spectrum of practice areas, spanning all major transactional and market disciplines, while also managing the largest and most challenging cross-border assignments. It is a premier practice of choice for leading Cypriot banks and financial institutions, preeminent foreign commercial and development banks, multinational corporations, global technology firms, international law firms, private equity funds, credit agencies, and asset managers.
The Cyprus Tax Department has extended both the submission of the Personal Income Tax (Form T.D.1) for the tax year 2023 as well as the settlement of any liability that may arise until 31 October 2024.
Cyprus Tax
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The Cyprus Tax Department has extended both the submission of the Personal Income Tax (Form T.D.1) for the tax year 2023 as well as the settlement of any liability that may arise until 31 October 2024, which is available for submission via the TAXISnet platform. The form should be submitted by all employees, pensioners and self-employed persons for whom the combined total income for 2023 exceeds €19.500 .

Taxpayers should note that the Tax Department will only accept T.D.1 forms which have been submitted via TAXISnet.

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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