We wish to inform all our associates that in 2019 an increase in Social Insurance Fund (SIF) contributions will come in effect and that contributions for the implementation of the National Health Insurance System (NHIS) will commence.

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Following a recent amendment to the Assessment and Collection of Taxes Law , the Cyprus Tax Authorities (CTA) has granted an extension of the deadline until the 31^st October 2018 for electronic submission of income tax return, and  payment of income tax for the tax year 2017, as follows:

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As part of the Government’s effort to improve the electronic services offered to taxpayers, the Tax Department has recently announced that as from the 1st of June 2018, the settlement of the following taxes can be effected only electronically through the JCCsmart website.

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