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Cyprus

Long queues prompt extension to tax return deadline (Updated)

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Long queues formed by wage-earners rushing to beat Thursday’s deadline for filing their tax returns to the Tax Department prompted a one-week extension to the deadline, it was announced on Wednesday.
Earlier, Tax Department senior official Klelia Papadopoulou had denied any extension to the end-of-April deadline was being considered.
Thursday was the last day for wage-earners to file their tax-return for 2015 in hard copy, but last-minute filings tested the capacity of district tax offices, resulting in a decision to allow filings until the end of next week.
According to the law, the deadline for salaried employees to file their annual returns is April 30, but government offices will be closed on Friday due to the Easter holidays, meaning people would have had until Thursday to do so.
This has predictably resulted in long queues forming at the district tax offices, as filing a tax return after the end-of-April deadline will incur a €100 fine.
Despite having the option of registering on the TAXISnet online submission platform, for which the deadline is July 31, it appears most tax-paying employees opt to file a hard-copy return.
According to daily Phileleftheros, the Tax Department has no estimates with regard to the number of returns it has received thus far.
It is thought that the Nicosia district alone will generate some 150,000 to 170,000 returns.
Meanwhile, the Tax Department reminds salaried taxpayers to ‘self-tax’, by filling out the ‘Tax Calculation’ part of their tax return.
The Tax Department’s website, www.mof.gov.cy/tax, features a specialised self-taxation tool, as well as a guide explaining how to fill out the return.
Any tax payable must be paid by June 30, 2016, otherwise a 10 per cent penalty will be imposed.
Payments may be made online, via the www.jccsmart.com portal, or in person at district Tax Department offices.

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