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Obligation to submit an Income Tax Return for 2023
Tax

Income Tax Return for the year 2023

The tax department has recently announced that the Income Tax Return (“T.D.1 form”) for employees, pensioners, and self-employed individuals who do not prepare audited financial ...
Extension for Corporate Income Tax Returns Deadline
Tax

Extension for Corporate Income Tax Returns Deadline

On 23 February 2024, the Council of Ministers of Cyprus issued a decree providing for the extension of the deadline for submission of the 2022 ...
Transfer Pricing Developments in Cyprus - 2024 update
Tax

Transfer Pricing Developments in Cyprus – update

On 1 February 2024, the tax department announced revised thresholds regarding the obligation to prepare a Cyprus Local File for transactions falling under Article 33 ...
Social Insurance Fund Contribution Rates
Insight

Social Security Fund updates in 2024

SPL Audit wishes to inform our clients and associates, of significant changes in social insurance contributions, effective January 1, 2024, including a rate increase to ...
Tax Treatment of Income from Online Property Rentals in Cyprus
Insight

Tax Treatment of Income from Online Property Rentals in Cyprus

The circular outlines the tax treatment of income received from properties rented out via online platforms, such as Airbnb and Booking, or a website, such ...
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