Yearly Archives - 2026

June 2026

Deadline extension for 2025 Individual Income Tax Returns / Παράταση προθεσμίας υποβολής φορολογικών δηλώσεων για το 2025

We would like to inform you that the Council of Ministers of Cyprus has extended the statutory deadlines for the submission and payment of 2025 individual income tax returns to 31 October 2026. The relevant Decree No. 260/2026 was published in the Government Gazette on 12 June 2026. The extension applies to: Individuals who are not self-employed, and Individuals who are not required to prepare audited or reviewed financial statements Remaining at your disposal should you have any questions. Acute Advisory Services team _____________________________________________________ Θα θέλαμε να σας ενημερώσουμε ότι η ημερομηνία υποβολής φορολογικών δηλώσεων φυσικών προσώπων για το 2025 έχει μετατεθεί για τις 31 Οκτωβρίου 2026. Η παράταση της προθεσμίας για την υποβολή της δήλωσης φορολογίας εισοδήματος φυσικών...
audit services cyprus

Annual Employer’s Return (Form T.D.7) for the tax years 2025 and 2026 – Ετήσια Δήλωση Εργοδότη (Έντυπο T.D.7) για τα φορολογικά έτη 2025 και 2026

We would like to inform you that the Annual Employer’s Return (“Form T.D.7”) for the tax years 2025 and 2026 is now available for submission through the Tax For All (“TFA”) platform. The deadline for filing the annual 2025 Form T.D.7 is 30 September 2026, while the deadline for filing the annual 2026 Form T.D.7 is 31 May 2027. Furthermore, we would like to remind you that, in accordance with an official announcement issued by the Tax Department on 26 January 2026, the obligation to file twelve (12) Monthly Payroll Returns and the Annual Form T.D.7 applies only to employers who, on a monthly basis, withhold and pay to the Tax Department Income Tax, and/or employee GeSY...
ACUTE ADVISORY SERVICES

Mandatory Electronic Rent Payments – Υποχρεωτικές Ηλεκτρονικές Πληρωμές Ενοικίων

As of 1 July 2026, all rent payments in Cyprus must be made via traceable electronic methods.   Under the newly introduced Article 48A of the Assessment and Collection of Taxes Law (N.4/1978) all rent payments for immovable property located in Cyprus must be made exclusively via: Bank transfer Debit/credit card Or other recognised electronic payment method Consequently, landlords are prohibited from accepting rent payments in cash as from the end of the month.   It is recommended that tenants and landlords should: Ensure all rent payments are made through banking/electronic channels Avoid any cash transactions Review existing agreements and practices for compliance Remaining at your disposal should you have any questions. Acute Advisory Services team  ______________________   Από την...

March 2026

TAX CALENDAR – ΦΟΡΟΛΟΓΙΚΟ ΗΜΕΡΟΛΟΓΙΟ 2026

Please find below the 2026 Tax and Payroll Compliance Calendar for your reference. TAX AND PAYROLL COMPLIANCE CALENDAR 2026 DATE DESCRIPTION TAXPAYERS 30th March Payment PAYE for period July-Dec 2025 Companies 31st March Corporate Tax Return (TD4) 2023 Companies 31st March Summary Information Table (SIT) submission 2023 Companies 31st March Employer Annual Return (TD7) for 2024 Employers 31st May Employer Annual Return (TD7) for 2025 Employers 30th June Special Contribution for defence and General Healthcare Contributions on Dividend/Interest Income 2026 (Jan-June period) Individuals 31st July Personal Income Tax Return (TD1) for 2025 Individuals 31st July 1st Provisional Tax Instalment for 2026 Companies and Individuals 1st August Final Tax payment for 2025 Companies 30th November Corporate Tax Return (TD4) 2024 Companies 30th November Summary Information Table (SIT) submission 2024 Companies 30th November Self-employed who prepares F/S Tax Return (TD1) for 2024 Self-employed 31st December 2nd Provisional Tax Instalment for 2026 and Revised provisional...

January 2026

Income Tax Calculation Tool – Εργαλείο Υπολογισμού Φόρου Εισοδήματος

We inform you about the Income Tax Calculation Tool, before and after the 2026 tax reform, as posted on the Taxation Department website.  You can see the tool at the link below: Tax Tools - Τμήμα Φορολογίας Remaining at your disposal should you have any questions. Acute Advisory Services team _______________________________________________________________________________________________ Σας ενημερώνουμε αναφορικά με το Εργαλείο Υπολογισμού Φόρου Εισοδήματος, πριν και μετά την φορολογική μεταρρύθμιση του 2026, όπως έχει αναρτηθεί στην ιστοσελίδα του Τμήματος Φορολογίας. Μπορείτε να δείτε το εργαλείο στον πιο κάτω σύνδεσμο: Tax Tools - Τμήμα Φορολογίας Παραμένουμε στην διάθεση σας για οποιεσδήποτε απορίες. Η ομάδα της Acute Advisory Services

Tax Reform 2026 – Φορολογική Μεταρρύθμιση 2026

We inform you regarding the announcement of the Tax Department regarding the Tax Reform of 2026. Specifically, the following are posted on the website of the Tax Department: Declaration for Claiming Tax Deductions (T.F.59) Explanatory guide to the implementation of the tax reform for individuals Frequently Asked Questions (FAQs) and corresponding answers Examples of the implementation of the tax reform for individuals You can see them in their entirety at the link below: Tax Department | Tax Reform 2026 Remaining at your disposal should you have any questions. Acute Advisory Services team  _______________________________________________________________________________________________ Σας ενημερώνουμε αναφορικά με την ανακοίνωση του Τμήματος Φορολογίας, σχετικά με την Φορολογική Μεταρρύθμιση του 2026. Συγκεκριμένα στην ιστοσελίδα του Τμήματος Φορολογίας υπάρχουν...
ACUTE ADVISORY SERVICES

SOCIAL INSURANCE CONTRIBUTIONS 2026

For this year the maximum insurable amount applicable for social insurance contribution purposes has been increased to €68.904 per annum. The Social Insurance Contributions for 2026 are summarized below: Contributions Employee Employer Self-Employed Social Insurance Contributions 8,8% 8,8% 16,6% Social Cohesion Fund   2,0%   Redundancy Fund   1,2%   Industrial Training Fund   0,5%   Holiday Fund (if not exempt)   8,0%   Note 1: The Social Cohesion Fund is calculated on total emoluments and has no maximum level. Note 2: As from 1 January 2026, the maximum amount applicable for social insurance contribution purposes has increased to €68.904 p.a. from €66.612 p.a., to €5.742 from €5.551 per month for monthly paid employees and to €1.325 from €1.281 per week for weekly paid employees. Remaining at your disposal should you have any questions. Acute Advisory Services team