articles | 18 July 2023 | ServPRO

Cyprus Tax Updates: Submission of Personal Income Tax Returns (TD1)

This article is an update to our earlier newsletter entitled Cyprus Tax Updates: Personal Income Tax Returns (TD1) deadline extended.

The Tax Department of the Republic of Cyprus has announced that the submission of the Personal Income Tax Return (TD1) form for the tax year 2022 has commenced.

Based on Regulatory Administrative Act RAA 373/2022, employees, pensioners and self-employed individuals whose annual gross total income for the 2022 tax year exceeds €19,500 have an obligation to submit their respective Personal Income Tax returns (TD1). The submission is made through the Tax Department’s online platform TaxisNet.

We remind readers that, according to RAA 183/2023, the deadline for the submission of the 2022 Personal Income Tax returns (TD1) has been set to 23:59 hours on 2 October 2023.

ServPRO: Your trusted tax partner.
Our Tax Department has been thriving for over a decade, with our clients seeking our professionals’ advice and assistance in all aspects relating to taxation for corporates as well as individuals, in line with the latest local and international tax developments.

Our clients entrust us with the structuring of their operations, by taking maximum advantage of the applicable tax incentives while ensure compliance with any and all of their tax obligations and filing of their tax returns. The exceptional quality of our tax professionals is the reason why our clients select us to be their entrusted tax partners.

Contact us today to get your tax affairs in order.

For more information on this topic contact us by telephone (+35722021100) or via email (info@servpro.com.cy).


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