Tax Department

May 2018

Tax Alert

The Tax Department has announced that, as of June 1st 2018, the following taxes, not bearing interest and charges, can ONLY be paid via JCCsmart. Tax code Description 0114 Reduction in Salaries and Wages of the Broader Public Sector 0200 Temporary Income Tax for Individuals and Companies 0300 Self-Assessment of Income Tax for Individuals and Companies 0300 Income Tax (without charges) 0602 Special Contribution for Defence withheld from Interest at source 0604 Special Contribution for Defence on Rental Income 0612 Special Contribution for Defence on Interest Income without deduction at source 0603 Special Contribution for Defence withheld from Dividends at source 0613 Special Contribution for Defence on Dividends without deduction at source 0614 Special Contribution for Defence withheld from Rents at source 0623 Special Contribution for Defence withheld on Deemed Dividend   When the above taxes...

April 2018

Registration to TAXISnet by the use of a unique activation number

The Tax Department announces that the TAXISnet electronic registration for Income Tax/Defense purposes, by using a unique activation number, is in force. This unique number has been sent by post to all taxpayers who are registered in the Tax Register, are active and are not TAXISnet users. The Tax Department encourages your timely registration at TAXISnet, https://taxisnet.mof.gov.cy. Information on the electronic submission of the income tax return for 2017, as well as instructions on how to register, will be uploaded on the Department’s website at a later stage (www.mof.gov.cy/tax). Information and guidance is available at the following contact telephone numbers: Nicosia 22446215 Limassol 25803717 Larnaca 24803590 Paphos 26804398 Ammohostos 23811856