Extension of due date for payment of individuals’ 2017 income tax liability

The Cyprus Tax Department has announced an extension of the time allowed for employed and self-employed individuals who are not required to submit audited financial statements to pay their income tax for 2017. Until the end of November payment of any balance due in respect of 2017 income tax may be made via the JCCsmart website without interest and penalties being imposed.

The payment date for Special Contribution for Defence for 2017 has now passed, and payment may only be made at local District Tax Offices, and will be subject to interest and penalties.