Tax Update

May 7, 2018 > Cyprus > Press Releases

STELIOS AMERICANOS & CO LLC | View firm profile

Cyprus Tax Department has announced that, as of June 1st
2018, the following taxes, not bearing interest and charges, can ONLY be
paid via JCCsmart (website www.jccsmart.com.cy). JCCsmart is a Cyprus portal used to contact
payments to various organizations including the Government. This measure follows the successful
implementation of the Pay As You Earn (PAYE) tax withheld from employees
through JCCsmart.

It is important to know that payments to the below taxes can only be made
on or before their deadline as payments with penalties and interest can only be
made at the Tax Department’s Collection offices located in each District.

Tax

Code

Description

0114

Reduction
in Salaries and Wages of the Broader Public Sector

0200

Temporary
Income Tax for Individuals and Companies

0300

Self-Assessment
of Income Tax for Individuals and Companies

0300

Income
Tax (without charges)

0602

Special
Contribution for Defence withheld from Interest at source

0604

Special
Contribution for Defence on Rental Income

0612

Special
Contribution for Defence on Interest Income without deduction at source

0603

Special
Contribution for Defence withheld from Dividends at source

0613

Special
Contribution for Defence on Dividends without deduction at source

0614

Special
Contribution for Defence withheld from Rents at source

0623

Special
Contribution for Defence withheld on Deemed Dividend

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