Mandatory Electronic Tax Payment

The Cyprus Tax Department has issued a further reminder that with effect from 1 June 2018 both interim and final payments of Special Defence Contribution, commonly known as SDC tax, and income tax can only be made online through the JCCsmart website. District tax offices will only accept payments when they are overdue and include interest and charges, or if they arise from a revision of a self-assessment.

Payment of SDC tax on rents from which no deduction at source has been made by the tenant and on dividends or interest from sources outside Cyprus received in the first half of 2018 must be made by 30 June 2018. The 2018 provisional income tax return must be submitted, and the first instalment must be paid, by 31 July 2018.