We would like to remind our clients of the upcoming deadlines for the payment and filing of the following taxes:

Income Tax Deadlines:

1. Temporary Tax for 2025 (Legal Entities & Individuals):

1. The 1st instalment of temporary tax for the tax year 2025 is due by July 31st, 2025.
2. Payment by August 31st, 2025 is not subject to any interest or penalties.
3. The 1st instalment may be revised after August 31st and up to December 31st, 2025, and will be subject to interest of 5.5% p.a.

2.Final Tax for 2024 (Legal Entities & Individuals with Accounts):

1. Payment of final tax (self-assessment) for the tax year 2024 is due by August 1st, 2025.
2. Payment by August 31st, 2025 is not subject to any interest or penalties

3.Final Tax for 2024 (Individuals – Without Accounts):

1. Individuals must file an Income Tax Return (TD1) for 2024 if their gross income exceeds €19.500.
2. The deadline for filing TD1 has been extended to September 30th, 2025.
3. The deadline for payment of the final tax has also been extended to September 30th, 2025.

Tax Department Announcement

Special Defence Contribution (SDC) & General Healthcare System (GHS) Deadlines:

SDC and GHS on Rents (1st Semester 2025):

1. SDC and GHS withheld on rents paid or received during the 1st semester of 2025 are due by June 30th, 2025.

Payment by July 31st,2025 will not be subject to any interest or penalties.

At George Kaimakliotis & Co Ltd, our team is available to guide you through all upcoming deadlines, ensuring timely compliance and helping you optimise your overall tax position.