Tax resident individuals of Cyprus whose gross income exceeded EUR 19,500 during 2021 are obliged to electronically submit their personal income tax return (IR1) and pay any income tax liability by the 31st July 2022.

In case of late submission of the income tax return and/or late payment of any tax liability, penalties, as well as interest on the tax due will be imposed.

If you require any further information, feel free to contact us at care@accesstaxaccounting.com or by tel: +357 25 820 547