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...Read More

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...Read More