HomeNewsF.C.I. Tax Calendar 2024

F.C.I. Tax Calendar 2024

  • January 1, 2024
  • Posted by: Office
  • Category: News, Taxation
No Comments

Financial Consultants International (F.C.I. Ltd) offers the Tax Calendar as a tool for better planning of business tax obligations for the current year.

31 January
Submission of declaration of deemed dividend distribution (TD623) for profits of 2021 and payment of SDC and GHS.
 
31 March
Electronic submission of the income tax return for tax year 2022 for companies (TD 4).
Electronic submission of income tax return of individuals preparing audited financial statements for 2022
(TD 1).
30 April
Payment of premium tax for life insurance companies for 1st instalment (TD 199).
 
31 May
Electronic submission of the 2023 employer’s return (TD 7).
30 June
Payment of Special Defense Contribution (SDC) & GHS (if payment is made to Cyprus tax resident individual) on rents. dividends or interest earned from sources outside Cyprus, for 1st semester (TD 604, 612, 613).
Payment of SDC (and GHS contributions if payment is made to Cyprus tax resident individual) withheld on rent for 1st semester (TD614).
31 July
Electronic submission of 2023 personal tax returns by individuals and payment of income tax liability through tax portal (TD1).
Payment of 2023 final tax balance through self – assessment by companies and individuals preparing audited financial statements through tax portal (code 300).
Submission of the 2024 provisional tax return and payment of 1st instalment of tax through tax portal (code 200/2013).
31 August
Payment of premium tax for life insurance companies for 2nd instalment (TD 199).
 
31 December
Payment of premium tax for life insurance companies for 3rd instalment (TD 199).
Payment of Special Defense Contribution (SDC) & GHS (if payment is made to Cyprus tax resident individual) on rents, dividends or interest earned from sources outside Cyprus, for 2nd semester (TD 604, 612, 613).
Payment of SDC (and GHS contributions if payment is made to Cyprus tax resident individual) withheld on rent of 2nd semester (TD614).
Submission of the 2024 provisional tax return and payment of 2nd instalment of tax through tax portal (code 200/2013).
Recurring every end of the month
Payment of tax deducted from employees salary of previous month (PAYE) TD 61.
Payment of employee social security contributions and General Health System (GHS).
Payment of Special Defense Contribution (SDC) and GHS (if payment is made to a Cyprus tax resident individual) withheld on dividends and interest paid in the previous month to Cyprus tax residents (TD 603/602).
Payment of tax withheld in the preceding month on payments to non-Cyprus tax resident (TD 11).

Financial Consultants International F.C.I. LTD

F.C.I. LTD, with its experienced team, can effectively assist you with all the processes of tax return submission and acquiring tax residency in Cyprus.

Let F.C.I. LTD help you efficiently meet your tax obligations. Get in touch with us today.

info@fci.com.cy | +357 22 673 800 | www.fci.com.cy