Announcement – Income Tax Declaration for the year 2016 (Individuals)

2017-03-23

Announcement – Income Tax Declaration for the year 2016

The countdown for the submission of your Tax Declaration of Income (T.D.1) has started and the deadline is closing soon. If you need someone to do it for you, our team is ready to help you.

The deadlines for submission of the 2016 income tax declaration via Taxisnet system is on 30 September 2017.

A monetary charge of EUR100 is imposed for failing to submit the T.D.1 within the said deadline. The tax liability as per the T.D.1, if any, should have been settled by self-assessment by 30 June 2017.   

In case the tax payer is in a tax refundable position, the tax refund including interest should be reimbursed by the Cyprus Tax Authorities within 2 months provided that the T.D.1 was submitted within the deadline.

We can assist you with:

  • Online registration 
  • Preparation and submission of T.D.1

Please contact our tax experts for further consultation or clarifications on the above at info@consulco.com or call us at + 357 22 361 300