Insider Economy 270 thousand e-tax declarations posted

270 thousand e-tax declarations posted

The electronic system of the Department of Taxation yesterday posted income declarations of natural persons, that is employees and self-employed persons, for the fiscal year 2018.

Specifically, 270,000 taxpayers now have the opportunity to submit their tax returns and at the same time pay the required tax through JCC Smart. The deadline for the submission of declarations and tax payments is July 31.

For the tax year 2018, returns which can only be submitted electronically via the Taxisnet system, began much earlier than last year. The tax return has no particular changes compared to last year’s.

The Tax Department did not make any major changes due to the delay in the submission of income statements for the tax year 2017 and because tax returns were still being submitted up to the end of October 2018.

This year, the process for taxpayers is much easier since they are more familiar with the process and already have the passwords for Taxinet.

Assistant Tax Commissioner Sotiris Markides told Phileleftheros that the procedure for filing a tax return is even simpler this year. And that  taxpayers only need a maximum of five minutes to complete tax returns since last year’s data will come up and only the amounts must be changed.

Specifically, all fields of the statement that require mandatory filling such as data, employer, pension and deductions/reductions (Insurance/Funds etc.) are pre-filled. The totals are also automatically calculated and so is the transfer of declaration data such as income/deductions/ reductions) to the tax calculation part. Income tax and the special contribution to defense are also calculated automatically.

In addition, taxpayers who lost last year’s Taxinet passwords can submit a request for new ones. They should click on “I forgot my password” part.

The Assistant Tax Commissioner has urged taxpayers to submit their income statements in due time as the deadline for filing tax returns expires on July 31, 2019.


Read more:

Top Stories

Biden presidency for Turkey would mean tougher U.S. stance

Days after Turkey took delivery of Russian missile defence systems in July 2019, top security officials in the Trump administration were in full agreement that Washington...

Another 60+ years until women get equal with men in EU

European women are at least 60 years away from winning equality with men and the pandemic could further slow progress, according to a report...

Member of the House of Parliament staff tested positive to COVID-19

A member of the House of Representatives on Thursday was tested positive to COVID-19. New House Speaker Adamos Adamou has been informed. All appropriate measures will...

Three people killed in Nice knife attack

A knife-wielding attacker shouting "Allahu Akbar" beheaded a woman and killed two other people in a suspected terrorist attack at a church in the...

Fire out of control at a printing office in Latsia (PHOTOS)

A fire on Thursday broken out at a printing office located in Latsia area, Nicosia. According to initial information, the fire seems to have broken...


Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...


No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...