Nicosia: Only about half as many taxpayers have submitted their income tax returns so far this year compared to 2024, according to Tax Commissioner Sotiris Markides. Markides explained that by the morning of August 29, 2025, around 182,000 individual income tax returns for the 2024 tax year (Form TF1, without accounts) had been processed. This figure represents approximately 56% of the total number processed by the same time last year.
According to Cyprus News Agency, of the processed returns, around 162,000 have been ‘officially submitted,’ which accounts for roughly 51% of the number finalized by this time last year. Additionally, about 20,000 returns remain in ‘provisional receipt’ status. Comparatively, by the final deadline for 2023 filings, 322,330 taxpayers had processed their returns and 317,400 had submitted them definitively.
A Cabinet Decree dated June 20, 2025, extended the deadline for the timely submission of Individual Income Tax Returns without accounts for the 2024 tax year-and payment of any tax due-until September 30, 2025. Employees, pensioners, and self-employed individuals whose gross total income for 2024 exceeds £19,500 are required to file their returns. Submissions are made exclusively through the TaxisNet system.