The Cyprus Tax Department has officially extended the deadline for the submission of key tax filings. This extension is provided in light of the scheduled upgrade of the TAX FOR ALL (TFA) platform and affects both VAT returns and VIES statements.
Key Changes:
Extended Deadlines:
- VAT returns and payments for the tax period ending 31 May 2025
- VIES statements for the month of June 2025
New Deadline: 29 July 2025
This temporary extension provides additional time for taxpayers to complete and submit their filings without incurring penalties.
Important Note on Penalties:
Submissions made after 29 July 2025 will be considered late and will incur the following penalties:
- €100 for late VAT return submission
- 10% surcharge on the VAT payable
- €50 for late VIES statement submission
Businesses are urged to complete their filings on time to avoid these additional costs and remain compliant with Cyprus tax regulations.
Do you need help with the submissions?
For more information, feel free to contact us at:
- Tel.: +357 22 252 774 or via Viber, WhatsApp, Telegram +357 99 988 319
- E-mail: info@altuscitadel.com or marketing@altuscitadel.com
