On 12 February 2025, the Cyprus Tax Department issued an official announcement extending the deadline for submitting the Annual Income Tax Return (Form TD4) and the Summary Information Table (SIT) for the 2022 tax year.

While the official deadline remains 28 February 2025, the Tax Commissioner has granted a grace period during which no penalties will be imposed for late submissions made by 31 May 2025.

Key Takeaways:

✅ New effective deadline: 31 May 2025
✅ No penalties for TD4 & SIT submissions completed by this date
✅ Penalties for late submissions (after 31 May 2025):

• €500 for late submission of the SIT
• €100 for late submission of the TD4

With deadlines extended, this is an excellent opportunity to ensure that your tax filings and accompanying SIT submissions are accurate and compliant. George Kaimakliotis & Co Ltd offers expert support in preparing and reviewing Income Tax Returns, ensuring full compliance with Cyprus tax regulations.

For further information or assistance, the Taxation Department of George Kaimakliotis & Co Ltd remains at your disposal.