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A reminder that the 1st provisional tax instalment for the tax year ending 31 December 2020 is due on 31stJuly 2020 and the deadline for its payment is on 31st August 2020. The payment of provisional tax can be made through www.jccsmart.com. On the website, follow the path: Tax Department -> SELF ASSESSMENTS -> TEMPORARY Assessment...
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If you have been thinking about retiring abroad, you have surely been considering what your dream destination would look like. A warm weather, 65 blue flag beaches, low crime rates, a general health system, high quality infrastructure and services are just a glimpse of what Cyprus has to offer to pensioners. All these, matched with...
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The Greek Parliament has implemented the Tax Bill 4646/12.12.2019, introducing significant amendments related to the Greek Tax system.  By virtue of this Law, triggered are segments of the Greek Taxation, significant for both individuals and legal persons and amended are few Legal Acts, namely the Income Tax Code (ITC), the Tax Procedures Code (TPC), the...
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The Cyprus Tax Department has announced that the date of submission of the 2019 Income Return for: (a) employees and pensioners (IR1) and (b) self-employed individuals whose turnover does not exceed €70,000 (IR1 self-employed), as well as the payment of the payable tax, is extended until October 30, 2020.   It is clarified that the...
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On 2nd June 2020, an amendment of the Cyprus Income Tax Law has been published in the Official Gazette with respect to tax relief that landlords may claim on rental income subject to voluntarily reducing the rent payable by tenants. According to the amendment, a landlord may claim a tax credit against their income tax...
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As the situation with COVID-19 is evolving rapidly, please be informed that Fidescorp remains operational and continue to serve our clients and assist them in this difficult period. Our priority is to keep our people as well as your people safe so we have taken a number of measures to reflect the developing circumstances: •...
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Fidescorp is proud to have been voted as the Best Boutique Business Advisory Firm in Cyprus for 2019, awarded by the International Investor Magazine. This is a huge success for our firm and a recognition of the quality of services offered to our international clientele.
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