According to the Cyprus Gazette, on November 2, 2020, the Cyprus Parliament, voted an extension to the VAT tax payment to payers were originally given the right to defer VAT payments up until November 10, 2020 for VAT periods ending 29/02, 31/03 and 30/04/2020. Based on the announcement Ν.147(Ι)/2020 , VAT payments for the above periods can be made in six equal installments starting from November 10^th, 2020 to April 10^th, 2021.

Installments are as follow 10/11/2020, 10/12/2020, 10/1/2021, 10/2/2021, 10/3/2021 and 10/4/2021 and there will not be any additional tax or/and interest on these VAT dues.

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