Cyprus: Individual tax return year 2020

The submission of the Individual Income Statement 2020 has started through the TaxisNet system at the address https://taxisnet.mof.gov.cy. Pursuant to a Decree of the Council of Ministers (KDP288 / 2021) Employees, Retirees, and Self-employed whose gross total income for the year 2020 is over 19,500 euros are obliged to submit an Individual Income Statement 2020. A necessary condition for the submission of the Declaration is the electronic registration in the system TaxisNet – Direct Taxation. The last date for submitting the Income Statement 2020 and payment of the due tax will be set by the Decree of the Minister of Finance on November 30, 2021.

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