On 19 October 2026, the Cyprus Tax Department released the official Individual Income Tax Return for the 2025 tax year for taxpayers not required to submit audited accounts (Form T.F.1). The form is available for download from the Tax Portal and can be submitted electronically via the Tax For All (TFA) platform or TAXISnet. The simplified return applies to individuals with income from employment, pensions, interest, dividends, and rental income below prescribed thresholds. The filing deadline, as extended, is 30 November 2026. The Department has also issued explanatory notes highlighting key changes for 2025, including updated tax brackets, increased personal allowances, and revised deductions for medical expenses and social insurance contributions.
Key Takeaways
- Form Availability: T.F.1 for tax year 2025 is now accessible online; electronic filing is mandatory for most taxpayers.
- Key Changes: Revised tax bands, higher basic exemption, and expanded deductible expenses for 2025.
- Deadline: Submission due by 30 November 2026 without penalties; late filing after this date attracts interest and surcharges.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement