Extension to the settlement date of final tax 2020 for companies and self-employed
Date: 5 August 2021
Further to a publication in the Official Government Gazette of the Republic of Cyprus dated 30th July 2021, an extension was granted to the settlement date of final tax for the year 2020 for companies and self-employed individuals.
The last date for the settlement of the final tax (self-assessment) for the tax year 2020, as per the income tax return for companies and self employed whose turnover exceeds €70.000 and have the obligation to prepare audited accounts, is extended until the 30th September 2021 at 23:59.
Παράταση καταβολής τελικού φόρου 2020 για εταιρείες και αυτοεργοδοτούμενους
Με δημοσίευση στην Επίσημη Εφημερίδα της Δημοκρατίας ημερομηνίας 30 Ιουλίου 2021 δόθηκε παράταση στην ημερομηνία καταβολής του τελικού φόρου (αυτοφορολογίας) 2020 για εταιρείες και αυτοεργοδοτούμενους.
Η προθεσμία καταβολής του τελικού φόρου (αυτοφορολογίας) για το φορολογικό έτος 2020, που οφείλεται σύμφωνα με τη δήλωση εισοδήματος εταιρείας και αυτοεργοδοτούμενου του οποίου ο κύκλος εργασιών υπερβαίνει το ποσό των €70.000 και έχει υποχρέωση να ετοιμάζει εξελεγμένους λογαριασμούς, παρατείνεται μέχρι την 30ή Σεπτεμβρίου 2021 και ώρα 23:59.
How can KPMG assist?
Should you like to further discuss the content and potential impact of the above to your business, please contact one of our trusted advisors from the Tax Department at KPMG in Cyprus.
George Markides
Board Member
Head of Tax Services
KPMG Limited
Katia Papanicolaou
Board Member
KPMG Limited
Direct Tax Services
Costas Markides
Board Member
KPMG Limited
International Tax Services
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