{"id":2973,"date":"2020-02-05T14:57:20","date_gmt":"2020-02-05T14:57:20","guid":{"rendered":"https:\/\/r02fi4ct8m.wpdns.site\/cyprus-tax-calendar-2020\/"},"modified":"2025-05-30T11:59:19","modified_gmt":"2025-05-30T11:59:19","slug":"cyprus-tax-calendar-2020","status":"publish","type":"post","link":"https:\/\/www.gstaxconsultants.com\/el\/cyprus-tax-calendar-2020\/","title":{"rendered":"Cyprus Companies Tax Calendar 2020"},"content":{"rendered":"<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\">2019 is over and is time to start planning your actions for 2020!<\/span><\/p>\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\">Globalserve is ready to support and advise you on your tax and other obligations as your financial business partner&nbsp;<\/span><\/p>\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\">It is advisable to pay taxes and contributions or submit the relevant returns before deadline. This ensures that you and your company will avoid payment of penalties or any interest.<\/span><\/p>\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\">Do not hesitate to contact our managers for further information and clarification needed<\/span><\/p>\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\">Cyprus Tax Calendar is also available in Greek, contact us at <a href=\"mailto:marketing@gstaxconsultants.com\">marketing@gstaxconsultants.com<\/a><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\"><\/span><br \/><\/span><\/p>\n<p><!--more--><\/p>\n<p>&nbsp;<\/p>\n<table>\n<tbody>\n<tr style=\"border: medium inherit #e96363; background-color: #78c4d9;\">\n<td style=\"background-color: #afd8e4;\">\n<p style=\"text-align: center;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\"><strong>PERIOD<\/strong><\/span><\/p>\n<\/td>\n<td style=\"background-color: #afd8e4; text-align: center;\">\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\"><strong>COMPANIES<\/strong><\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"border: 9px dashed #000000;\">\n<td style=\"background-color: #afd8e4;\">\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\"><strong>End of each month<\/strong><\/span><\/p>\n<\/td>\n<td style=\"background-color: #f0efef;\">\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\">Payment of tax withheld and GHS from the employees\u2019 salaries during the previous month (PAYE)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"border: medium inherit #e96363;\">\n<td style=\"background-color: #afd8e4;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\"><\/span><\/td>\n<td style=\"background-color: #f0efef;\">\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\">Payment of defence contribution and GHS withheld from dividends and interest paid during the previous month<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"border: medium inherit #e96363;\">\n<td style=\"background-color: #afd8e4;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\"><\/span><\/td>\n<td style=\"background-color: #f0efef;\">\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\">Payment of defence tax and GHS (if owner is physical person) withheld from rental expense paid to third parties during the previous month<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"border: medium inherit #e96363;\">\n<td style=\"background-color: #afd8e4;\">\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\"><strong>March 31<\/strong><\/span><\/p>\n<\/td>\n<td style=\"background-color: #f0efef;\">\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\">Submission of Income Tax Return for year 2018 (T.D.4)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"border: medium inherit #e96363;\">\n<td style=\"background-color: #afd8e4;\">\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\"><strong>April 30<\/strong><\/span><\/p>\n<\/td>\n<td style=\"background-color: #f0efef;\">\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\">Payment of premium tax for life insurance companies \u2013 first instalment for 2020.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"border: medium inherit #e96363;\">\n<td style=\"background-color: #afd8e4;\">\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\"><strong>June 30<\/strong><\/span><\/p>\n<\/td>\n<td style=\"background-color: #f0efef;\">\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\">Payment of the Annual Levy of \u20ac350 for 2020<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"border: medium inherit #e96363;\">\n<td style=\"background-color: #afd8e4;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\"><\/span><\/td>\n<td style=\"background-color: #f0efef;\">\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\">Payment of defence tax on rents received from physical persons for the first six months of year 2020 (T.D. 601)<\/span><\/p>\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\">Payment of defence tax on interest\/rents received from abroad for the first six months of year 2020 not deducted at source (T.D. 601)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"border: medium inherit #e96363;\">\n<td style=\"background-color: #afd8e4;\">\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\"><strong>July 31<\/strong><\/span><\/p>\n<\/td>\n<td style=\"background-color: #f0efef;\">\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\">Submission of Employer\u2019s\u2019 Return (T.D.7) together with details of all employees for year 2019<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"border: medium inherit #e96363;\">\n<td style=\"background-color: #afd8e4;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\"><\/span><\/td>\n<td style=\"background-color: #f0efef;\">\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\">Submission of provisional tax return and payment of the first installment of provisional tax for year 2020 (T.D.6)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"border: medium inherit #e96363;\">\n<td style=\"background-color: #afd8e4;\">\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\"><strong>August 1<\/strong><\/span><\/p>\n<\/td>\n<td style=\"background-color: #f0efef;\">\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\">Payment of final tax for year 2019 through self-assessment (T.D.158)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"border: medium inherit #e96363;\">\n<td style=\"background-color: #afd8e4;\">\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\"><strong>August 31<\/strong><\/span><\/p>\n<\/td>\n<td style=\"background-color: #f0efef;\">\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\">Payment of premium tax for life insurance companies \u2013 second instalment for 2020.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"border: medium inherit #e96363;\">\n<td style=\"background-color: #afd8e4;\">\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\"><strong>December 31<\/strong><\/span><\/p>\n<\/td>\n<td style=\"background-color: #f0efef;\">\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\">Revision of Provisional Tax Assessment for year 2020, if necessary (T.D..6)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"border: medium inherit #e96363;\">\n<td style=\"background-color: #afd8e4;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\"><\/span><\/td>\n<td style=\"background-color: #f0efef;\">\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\">Payment of the second installment of provisional tax for year 2020 (T.D.6)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"border: medium inherit #e96363;\">\n<td style=\"background-color: #afd8e4;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\"><\/span><\/td>\n<td style=\"background-color: #f0efef;\">\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\">Payment of premium tax for life insurance companies &#8211; third and last instalment for 2020.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"border: thick ridge #e96363;\">\n<td style=\"background-color: #afd8e4;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\"><\/span><\/td>\n<td style=\"background-color: #f0efef;\">\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\">Payment of defence tax on rents received from physical persons for the last six months of year 2020 (I.R. 601)<\/span><\/p>\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\"><a href=\"https:\/\/www.gstaxconsultants.com\/el\/tax-financial-advisory-services\/\">Payment of defence tax<\/a> on interest\/rents received from abroad for the last six months of year 2020 not deducted at source (T.D. 601)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"border: thick ridge #e96363;\">\n<td style=\"background-color: #afd8e4;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\"><\/span><\/td>\n<td style=\"background-color: #f0efef;\">\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 10pt;\">Payment of defence tax and GHS on deemed dividends out of the profits of year 2018 (T.D. 623)<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>","protected":false},"excerpt":{"rendered":"<p>2019 is over and is time to start planning your actions for 2020! Globalserve is ready to support and advise you on your tax and other obligations as your financial business partner&nbsp; It is advisable to pay taxes and contributions or submit the relevant returns before deadline. This ensures that you and your company will [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":2972,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[61],"tags":[],"class_list":["post-2973","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-articles"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/posts\/2973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/comments?post=2973"}],"version-history":[{"count":1,"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/posts\/2973\/revisions"}],"predecessor-version":[{"id":3252,"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/posts\/2973\/revisions\/3252"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/media\/2972"}],"wp:attachment":[{"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/media?parent=2973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/categories?post=2973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/tags?post=2973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}