The Tax Department announced that the process for submission of the Income Tax Return Declaration for Individuals for the tax year 2021 is now available and can be submitted through the TaxisNet system at https://taxisnet.mof.gov.cy. Employees, Pensioners and Self-employed whose gross total income for the tax year 2021, exceeds the amount of 19,500 euros are obliged…

Click here to read about the important financial news for March 2022. Topics include the implementation of the ubo register in cyprus, the extension for registration o…

The new version of our APP is up and running! You can get it here for Android users and here for iphone users! For more information you can give us a call or to see what our app can do, click here ACC CY is a simple and easy-to-use mobile application that helps you calculate…

The Directive (EU) 2018/822 represents the 6th modification of DAC, and for this purpose it is called DAC6. DAC6 reflects new initiatives in the field of tax transparency at the level of the EU, through the introduction of an early warning mechanism for tax avoidance schemes. Please find here a presentation about the Directive on…

Please find the “INCOME TAX CLAIM FOR ALLOWANCES 2022” form in English and in Greek that needs to be completed and signed by each employee and return to us by 11th January 2022. This form is important so that your employer properly calculates your monthly deductions (income tax (PAYE), social insurance, GHS, etc.) for the rest of the year. The essence is to inform your employer…