31st of December 2025 is the last date for the:
1) Submission of an upward revision of the Temporary Tax return for the year 2025:
- If the Taxpayer proceeds with an upward revision of the initial Temporary Tax submitted for the year 2025, such revision can be made through the Tax Portal (i.e. no requirement for the submission of the TD6 form) by the 31st December 2025.
- Any excess amount (difference) between the initial and the revised first instalment can be paid via the Tax Portal (https://taxportal.mof.gov.cy/) either through the JCC smart website, via online banking from a Cypriot bank account or via wire transfer before the 31st December 2025 to avoid of additional interest and penalties for the month of December 2025.
- Upon revision, the deadline for the payment of the revised upward second instalment is 31st December 2025, and it can be paid either through Internet Banking or wire transfer. However, if the payment will be made before 31st January 2026, no interest or penalties will be imposed.
2) Submission of a downward revision of the Temporary Tax return for the year 2025:
- If a Taxpayer proceeds with a downward revision of the initial Temporary Tax submitted for the year 2025, such revision can be made through the Tax Portal (i.e. no requirement for the submission of the TD6 form) by 31st December 2025.
- Upon revision, the deadline for the payment of the payment of the second instalment is 31st December 2025, and it can be made via the Tax Portal (https://taxportal.mof.gov.cy/) either through the JCC smart website, via online banking from a Cypriot bank account or via wire transfer.
- If the payment is made before the 31st of January 2026, no interest or penalties will be imposed.
3) In case of no revision of the Temporary Tax return for the year 2025:
- The payment of the second instalment of the 2025 Provisional tax can be made via the Tax Portal (https://taxportal.mof.gov.cy/) either through the JCC smart website, via online banking from a Cypriot bank account or via wire transfer by 31st December 2025. However, the payment can be made by 31st of January 2026, without any interest or penalties.
4) SDC and GHS for the 2nd semester of 2025:
- Payment of the Special Defence contribution ("SDC") and General Healthcare System contributions ("GHS") for the 2nd semester of 2025 on rental income which has not been withheld by the tenant, on overseas bank interest income and on any dividend income subject to SDC and GHS must be made no later than 31st December 2025.
Note: If the payment is made via wire transfer, the transfer should reach the bank account of the Cypriot Tax Authorities before the payment deadline.
5) 31st of January 2026 is the last date for:
- SDC and GHS contributions (where applicable) for the profits of the year 2023 which are subject to deemed dividend distribution: The payment of SDC and GHS contributions (where applicable) for the profits of the year 2023 for deemed dividend distribution purposes must be made by 31st January 2026.
Note: Deemed dividend distribution does not apply to profits that are directly or indirectly attributable to shareholders who are non-resident in Cyprus or in the case of Individual shareholders who are not considered tax residents and domiciled in Cyprus.
EY Cyprus is at your disposal for any information and/or clarifications required.
Philippos Raptopoulos
Partner, Head of Tax and Legal Services
Tel: +357 25 209 740
Philippos.Raptopoulos@cy.ey.com
Petros Liassides
Partner, Direct Tax
Tel: +357 22 209 797
Petros.Liassides@cy.ey.com
Myria Saparilla
Partner, Direct Tax
Tel: +357 96 795 037
Myria.Saparilla@cy.ey.com
Glykeria Terpizi
Senior Manager, Direct Tax
Tel: +357 96 795 716
Glykeria.Tepizi@cy.ey.com
Despo Kyrmitsi
Senior Manager, Direct Tax
Tel: +357 22 209 842
Despo.Kyrmitsi@cy.ey.com
