The Cyprus Tax Department has granted additional time for businesses to file VAT Returns and pay VAT due for the tax period ended 30 June 2026, as well as submit Recapitulative Statements (VIES) for the July 2026 reporting period, citing the summer holiday period.
The Cyprus Tax Department has extended the deadline for the submission of VAT returns, payment of VAT due and filing of the Recapitulative Statement (VIES) following a decision by the Commissioner of Taxation.
The extension applies to:
- VAT Returns and payment of VAT due for the tax period ended 30 June 2026; and
- Recapitulative Statements (VIES) for the July 2026 reporting period.
The new deadline for both obligations is 20 August 2026. According to the Tax Department, the extension has been granted due to the summer holiday period.
The Tax Department also confirmed that submissions and payments made after 20 August 2026 will be treated as late and will be subject to the applicable penalties and additional tax.
The following sanctions will apply for non-compliance:
- EUR 100 for the late submission of a VAT Return;
- Additional tax of 10% on the VAT due; and
- EUR 50 for the late submission of the Recapitulative Statement (VIES).
