Further to our previous newsfeed on this, on 4 July 2024 the Cyprus Tax Department announced that submissions
of the Withholding Taxes and Contributions Return (the ‘Return’) for the year 2019
and onwards can be made until 31 October 2024 without the imposition of any
penalty. The Return, otherwise known as the Employer’s Return, provides a
summary of employees' data, including emoluments, P.A.Y.E. and other
deductions.