Tax Calendar 2022

End of each month

• Payment of tax deducted from employees salary (PAYE) in the preceding month.
• Payment of special contribution for defence withheld on payments of dividends, interest or rents (when the tenant is a company, partnership, the state or local authority) made to Cyprus tax residents in the preceding month.
• Payment of tax withheld in the preceding month on payments to non-Cyprus residents.

31 January

• Submission of declaration of deemed dividend distribution (TD623) for the year ended 31 December 2019

31 March

• Electronic submission of the 2020 corporation tax return (TD4) for accounting periods ending on 31 December 2020 (TD4).
• Electronic submission of the 2020 income tax return of physical persons preparing audited financial statements (2).

30 April

• Payment of premium tax for life insurance companies – first installment for 2022.

31 May

• Electronic submission by employers of the total 2021 payroll (Form TD7).

30 June

• Payment of special contribution for defence for the first six months of 2022 on rents if such tax is not withheld at source by tenant and on dividends or interest from sources outside Cyprus.

31 July

• Submission of the 2022 provisional income tax return and payment of the first installment.
• Electronic submission of 2021 personal income tax returns and payment of 2021 personal income tax under the self-assessment by employees and pensioners, whose incomes do not include income from a trade/business, rents, dividends, interest, royalties nor income relating to trading goodwill (1).
• Electronic submission of 2021 personal tax returns and payment of 2021 personal income tax under the self assessment method by other individuals who have gross income that falls under Article 5 (includes dividends, interest and profits from share dealings) and who are not obliged to prepare audited financial statements (1) (2).

1 August

• Payment of 2021 final corporation tax under the self-assessment method.
• Payment of 2021 personal income tax under the self assessment method by self employed individuals preparing audited financial statements (2).

31 August

• Payment of premium tax for life insurance companies – second installment for 2021.

31 December

• Payment of provisional tax – second and last installment for 2022.
• Payment of special contribution for defence for the last six months of 2022 on rents if such tax is not withheld at source by tenant and on dividends or interest from sources outside Cyprus.
• Payment of premium tax for life insurance companies – third and last installment for 2022.