We would like to inform you that the deadline for electronic submission of:
- 2022 personal income tax returns of individuals (i.e., salaried persons, self-employed individuals who do not prepare financial statements and pensioners – form TD1A) and
- the payment of the final tax due as per the relevant income tax return
has been extended to 2nd October 2023
It is noted that the Personal Income tax form of 2022 has not been published yet.
Exemption from the obligation to submit personal Income tax return
Individuals with annual gross income below 19,500 EUR are exempted from the obligation to submit personal income tax return for tax year 2022.
Failure to submit on time
A penalty charge of €100 is imposed for failure to submit the aforementioned returns within the deadline.
KRESTON ITH assistance
KRESTON ITH can assist with the preparation and submission of the above forms and the payment of any tax incurred as well as provide any further information.
For any further clarifications you may require, please do not hesitate to contact
Andri Andreou Sofia Christou
a.andreou@ith.com.cy s.christou@ith.com.cy
+357 22050626 +357 22050518
