The Tax Department has extended the deadlines for the submission and payment of VAT, VIES returns, and the Special Urban Taxi Scheme for the second half of 2025.
The Cyprus Tax Department, in an announcement on 7 January 2026, informed taxpayers that the deadline for submitting the VAT return and paying the VAT due for the period ending 30 November 2025, submitting the Recapitulative Statement (VIES) for December 2025, and submitting and paying the flat-rate VAT under the Special Urban Taxi Scheme for the second half of 2025 has been extended until 20 January 2026.
After 20 January 2026, the submission of returns and the payment of liabilities will be considered late, and the following financial penalties will apply:
- EUR 100 for the late submission of a VAT return.
- An additional 10% tax on the VAT due.
- EUR 50 for late submission of the Recapitulative Statement (VIES).
- EUR 51 for the late submission of the Special Urban Taxi Scheme declaration.
- An additional tax of 10% on the amount due under the Special Urban Taxi Scheme.
