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Extension of Deadline for the Submission of Personal Income Tax Statements

Extension of Deadline for the Submission of Personal Income Tax Statements

Extension of Deadline for the Submission of Personal Income Tax Statements

We would like to inform you that in accordance with the Decree issued on the 27 November 2020 under Κ.Δ.Π. 562/2020, the following deadlines have been extended to the 15 December 2020:

  • Electronic submission of the 2019 personal income tax return by employees and pensioners (TD1 – Employee) whose gross income exceeds €19.500, and for the payment of the final tax due as per the relevant income tax return, and
  • Electronic submission of the 2019 personal income tax return by self-employed individuals (TD1 – Self-employed) with turnover that does not exceed the amount of €70.000 and who do not have obligation to prepare audited financial statements and for the payment of the tax due as per the relevant income tax return.

For any further guidance regarding this procedure or if you require an initial consultation, please do not hesitate to contact our Law Firm at info@vrikislegal.com,  +357 22 251 777 or +357 25 261 777 or please visit our office in Nicosia or Limassol.