For Cyprus Tax Returns 2026 and under the forthcoming tax reform there is an obligation to file a return. This will depend on a person’s tax residency status, income level, and age.
Who is required to file an individual tax return?
1. Cyprus tax residents with income
Any individual who is a Cyprus tax resident and earns gross income from sources such as employment, business activities, pensions, rental income, interest, dividends, or the disposal of crypto assets must submit a tax return.
2. Cyprus tax residents based on age
Regardless of income level, all Cyprus tax residents who are aged 25 or over but under 71 as at 31 December of the relevant tax year are required to file a tax return.
3. Non-tax residents with Cyprus-sourced income
Individuals who are not Cyprus tax residents are still required to file a tax return if they earn gross income from sources, within the Republic during the tax year.
Those Individuals who are required to maintain accounting records
Individuals who are obliged to keep accounting books and prepare audited or reviewed financial statements—where annual gross income from business activities, rents, dividends, interest, or royalties exceeds €120,000—benefit from an extended filing deadline of 31 January of the following year (for example, 31 January 2028 for the 2026 tax year).
Possible exemptions
The Council of Ministers may issue decrees granting exemptions to additional categories of individuals. This may include those whose income does not exceed the tax-free threshold, which is currently set at €22,000 for the 2026 tax year.
Key deadline
For the 2026 tax year, the deadline for submitting individual tax returns is 31 July 2027.
The Cyprus Government Tax department has a guide for completing you tax return that can be found here
🔎 Stay informed about how the 2026 tax reform may impact you. If you have any issues / questions please do let us know. Contact us on 26 951 600
