Cyprus:
The Income Tax Return For 2020 Is Available For Submission
02 August 2021
Areti Charidemou & Associates LLC
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The electronic Income Tax Return for employees and
selfemployed/individuals who do not prepare audited financial
statements (FormT.D.1) for the year 2020 is now available for
submission.
It's noted that the obligation to submit an Income Tax
Return for the year 2020, arises only when the annual gross income
of natural persons exceeds the amount of €19.500.
Based on Tax Department's announcement, the deadline for the
timely submission of the Income Tax Return will be 30
November 2021.
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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