According to the announcement from the Tax Department published on 23/07/2021, the Income Tax Declaration for individuals for the tax year 2020 (2020 T.D.1 form), has become available for submission through the TaxisNet system.
According to a Decree issued by the Council of Ministers, earlier this year, individuals whose gross income does not exceed €19,500 have no obligation to submit the 2020 T.D.1 form.
Furthermore, the announcement states that the last date of submission of the 2020 T.D.1 form and payment of the tax due will be set by Decree of the Minister of Finance on 30 November 2021.
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Σύμφωνα με την ανακοίνωση του Τμήματος Φορολογίας που δημοσιεύθηκε στις 23/07/2021, η Δήλωση Φορολογίας Εισοδήματος φυσικών προσώπων για το φορολογικό έτος 2020 (Τ.Φ.1 2020), είναι διαθέσιμη για υποβολή μέσω του συστήματος TaxisNet.
Με βάση διάταγμα του Υπουργικού Συμβουλίου που δημοσιεύτηκε στις 9/7/2021, πρόσωπα (μισθωτοί, συνταξιούχοι, και αυτοεργοδοτούμενοι) των οποίων το ακαθάριστο εισόδημα δεν υπερβαίνει τα 19.500 ευρώ δεν έχουν καμία υποχρέωση να υποβάλουν την Τ.Φ.1 2020
Επιπλέον, η ανακοίνωση αναφέρει ότι η τελευταία ημερομηνία υποβολής της Τ.Φ.1 2020 και καταβολής του οφειλόμενου φόρου θα οριστεί με Διάταγμα του Υπουργού Οικονομικών στις 30 Νοεμβρίου 2021.
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If you want to work with professionals who provide exceptional quality standards of services in Cyprus, the simplest way is to fill in the contact form below.
We will take you through a step by step process from A to Z in creating the perfect business structure in Cyprus.
Can’t wait any longer? Become even more successful by working with accountants you can count on and be among the thousands business that already did.