Taxation

Toon Cyprus Expert

Member since 04 June 2011

ToonCyprus Expert12 June 2020 12:46:17

10051

Currently persons not working or earning less than 鈧�19500 per annum are under no obligation to register for tax...聽 Legislation has not as yet been implemented but am guessing it will at some stage in the future.

official reply from tax dept

Aggela Kyprianidou <akyprianidou@tax.mof.gov.cy>
Fri 2020-06-12 14:40
NO, tax聽 legislation does not require taxpayers to do so yet.

Obligation to file a tax Return have individuals with annual gross income of more than 鈧�19500.

PoshPB Active member

Member since 14 December 2013

PoshPBActive member12 June 2020 14:42:52

What about the "health tax" will that still be applicable.

Toon Cyprus Expert

Member since 04 June 2011

ToonCyprus Expert22 July 2020 11:19:02

10051

the health tax is chargeable at 2.65% of income but if you are a UK state pensioner in receipt of UK pension and have your S1 then you will be given an exemption certificate so as not to be liable for the taxation......