The Tax Department has announced that starting in 2025, the submission of the Employer’s Return for Withheld Taxes & Contributions (T.D.7) will transition to the TAX FOR ALL (TFA) system.
Until the Transition to TFA is Completed:
T.D.7 for 2023 and previous years must still be submitted through TAXISnet. – Monthly PAYE payments for 2023, 2024, and 2025 will continue to be made via the Tax Portal.
Changes Effective from 2025 Onwards:
Both the submission of T.D.7 and the payment of withheld taxes and contributions will be done exclusively through TFA.
Monthly T.D.7 submissions will become mandatory starting January 2025.
All monthly T.D.7 submissions for 2025 must be completed, even for months when payments have already been made via the Tax Portal.
Additionally, you must register a valid Tax ID number for all your employees to submit the T.D.7 Declaration.
Our team is dedicated to providing you with comprehensive support. Should you have any questions or concerns, we encourage you to reach out to us for a complimentary consultation. We are committed to offering the guidance necessary for you to navigate the tax landscape with confidence.
Phone: +357 25 846 274
Email: fmaa-cy@uniteamservices.com
Website: https://www.uniteamservices.com/
Please feel free to contact us should you require any further information.
We look forward to assisting you!