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End of each month 

• Payment of tax deducted from employees salary (PAYE) in the preceding month.
• Payment of special contribution for defence withheld on payments of dividends, interest or rents (when the tenant is a company, partnership, the state or local authority) made to Cyprus tax residents in the preceding month.
• Payment of tax withheld in the preceding month on payments to non-Cyprus residents. 

 31 January 

• Submission of declaration of deemed dividend distribution (IR623) for the year ended 31 December 2011. 

31 March 

• Electronic submission of the 2011 corporation tax return (IR4) for accounting periods ending on 31 December 2012 (IR4). 
• Submission of the 2012 income tax return of physical persons preparing audited financial statements (2). 

30 April 

• Payment of premium tax for life insurance companies - first installment for 2014. 

30 June 

• Payment of special contribution for defence for the first six months of 2013 on rents and on dividends or interest from sources outside Cyprus. 

31 July 

• Electronic submission by employers of the total 2013 payroll (Form IR7). 
• Submission of the 2014 provisional tax return and payment of the first installment. 
• Submission of 2013 personal tax returns of individuals whose income do not include income from a trade/business, income from rents, dividends, interest, royalties nor income relating to trading goodwill (1).

1 August 

• Payment of 2013 final corporation tax under the self-assessment method. 
• Payment of 2013 personal income tax under the self-assessment method by individuals preparing audited financial statements (2) 

31 August 

• Payment of premium tax for life insurance companies – second installment for 2014. 

30 September 

• Submission of 2013 personal returns of individuals not required to prepare audited financial statements but whose income include income from a trade/business, income from rents, dividends, interest, income from royalties or income relating to trading goodwill (1) (2) and payment of tax via a self-assessment method. 
• Payment of immovable property tax for 2014. 

31 December 

• Payment of provisional tax - second and last installment for 2014. 
• Payment of special contribution for defence for the last six months of 2014 on rents and on dividends or interest from sources outside Cyprus. 
• Payment of premium tax for life insurance companies - third and last installment for 2014. 

Interest and Penalties 

The official interest rate, as set by the Finance Minister, is 4.75% per annum for all amounts due after 1 January 2013 (5% for years 2011 and 2012, 5,35% for the year 2010, 8% for the years 2007-2009 and 9% up to 31 December 2006). 

In addition to the interest, penalties are also charged depending on the circumstances.