We wish to remind you that the deadline for the second provisional tax installment, based on the estimated net taxable profit for 2024 tax year, is December 31, 2024.
Any remaining tax liability for the year 2024 must be settled by August 1, 2025.
Revised provisional tax calculation: Taxpayers can revise their provisional tax calculation (upwards/downwards) until 31 December 2024. In case of an upward revision, interest is payable on the difference between the revised amount payable and the amount initially declared and paid as 1st instalment.
Our team is always here to support you. If you have any questions or concerns, contact us today for a free consultation and let us provide you with the guidance you need to navigate the tax landscape confidently.
Phone: +357 25 846 274
Email: fmaa-cy@uniteamservices.com
