On June 9, 2023, the Cyprus Tax Authorities announced that an obligation to prepare and submit a Tax Return for 2023 is applicable only to individuals whose annual gross income exceeds € 19,500.
Be advised that Cyprus Tax Authorities have not uploaded 2022 Tax Return in TAXISNET (the system for Taxpayers to submit initial Tax Returns). Once uploaded, notifications on updates will be sent by email to all Cyprus citizens registered with Tax Authorities.
Eurofast team have been well-versed in the provision of Tax Advisory and Payroll Services for many years now. Our professionals are apt to guide you through last-minute challenges affecting mandatory tax procedures.
Should you need to prepare and submit your tax return (IR 1), please contact Christina Chrysostomou, Senior Payroll Specialist in our Eurofast Nicosia office, at email@example.com.
Eurofast is a regional business advisory organization employing local advisors in over 21 cities in South East Europe & the Middle East (SEEME). The Organization is uniquely positioned as a one-stop-shop for investors and companies looking for professional services in Tax & Transfer Pricing – Payroll & Employment – Accounting & Compliance – Advisory & Corporate.
Senior Payroll Specialist