Cyprus Mail

IPT deadline extended

The cabinet on Wednesday approved a bill extending the deadline for payment of immovable property tax to the end of November.

The current deadline is September 30.

An increased discount will also be given this year to those paying before October 31.

The bill provides raising the discount from 10 per cent to 15 per cent. If the IPT is paid online or through a bank, the discount will be 17.5 per cent.


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