The BRIEFCASE - Issue 5
15/04/2025
Ratings, Ergani, Tax reform, TFA, and more.
Cyprus Tax Diary 2025
09/04/2025
Important deadlines regarding submissions of tax forms and various payments such us PAYE, GHS, income and provisional tax, and more.
Sleeves Up 2025 – Join Our Community Blood Donation in Limassol
17/03/2025
You're invited to Sleeves Up 2025, a community Blood Donation event organized by P.G. Economides & Co Ltd, Totalserve, and E&G Economides LLC - united in a mission to give back.
Proposals for Cyprus Tax Reform 2025
07/03/2025
The Cyprus government has presented its proposals for the upcoming tax reform. Overall, the proposals seem to be in the right direction and are expected to further strengthen the competitiveness and attractiveness of the Cyprus tax system, while at the same time ensuring fairer distribution of the tax burden and redistribution of wealth.
Monthly Employer’s Tax Declaration through TFA
27/02/2025
Cyprus employers, during the first half of 2025 Form TD7 and the PAYE payment will be made monthly through the TFA portal.
Cyprus employers must register their employees in "ERGANI"
21/01/2025
All employers in Cyprus are obligated to register online the Essential Terms of Employment of all their employees by 31 May 2025.
Claim for Allowances form T.D.59 for 2025
17/01/2025
The Claim for Allowances form has been issued and released by the Tax Department.
Increase of interest rate on late payments
17/01/2025
Interest on late payments now increased therefore make sure to remain punctual on your tax payments.
Taxation of large MNEs
17/12/2024
A minimum global tax rate of 15% is applied specifically to MNE groups and large domestic groups within the EU, that have annual consolidated revenues exceeding €750 million.