Paphos People
https://mail.paphospeople.com/ppforum/

Cyprus 2014 Tax Forms?
https://mail.paphospeople.com/ppforum/viewtopic.php?f=47&t=28772		 Page 1 of 1
Author:  geoffreys [ Tue Feb 03, 2015 5:51 pm ]
Post subject:  Cyprus 2014 Tax Forms?
Has anyone received these yet? I have not and usually they arrive for completion by post
in January.
I think the deadline to submit them is the end of February, but not sure on that.
Geoff.
Author:  Josef K [ Tue Feb 03, 2015 6:48 pm ]
Post subject:  Re: Cyprus 2014 Tax Forms?
Not received mine yet. However, the 2013 return had a due date of 30 April, so don't panic just yet.
Author:  Neil [ Tue Feb 03, 2015 6:55 pm ]
Post subject:  Re: Cyprus 2014 Tax Forms?
she with the brains is in charge of all these things , I just sign the bits of paper when I am
told to do so .. :doh
Author:  L1nd4 [ Sun Mar 15, 2015 10:29 am ]
Post subject:  Re: Cyprus 2014 Tax Forms?
Received tax forms - does anybody know what the exchange rate the tax department are using for this years form
Author:  toonarmy9752 [ Sun Mar 15, 2015 11:26 am ]
Post subject:  Re: Cyprus 2014 Tax Forms?
a kind person sent me a photo of the rate for 2014 as being 1.27
Author:  L1nd4 [ Sun Mar 15, 2015 6:33 pm ]
Post subject:  Re: Cyprus 2014 Tax Forms?
Thanks for info - can now complete the form
Author:  Hudswell [ Thu Mar 19, 2015 5:25 pm ]
Post subject:  Re: Cyprus 2014 Tax Forms?
I have just received these forms for the first time"and to be honest am a little confused. I have already paid my tax for 2014 using the temporary tax form...As a retired person with my only income from my military pension I opted to pay tax at 5%. Looking at the Form IR 1A employee 2014 I am not sure what columns I should be filling in, where I put the "Tax Allowonce" figure and where I declare tax already paid....my tax affairs are very simple I just want to get the figures right....any guidance would be gratefully received.
Author:  Josef K [ Fri Mar 20, 2015 6:36 pm ]
Post subject:  Re: Cyprus 2014 Tax Forms?
Complete part 3a. Go to section I column 5 and 6 and insert total income and tax actually paid during year. Then go to section 5 "Tax Computation for Individuals" and insert total income as total taxable income, again as net income/loss, and again as total income/loss. In the tax section on the same at the line "add 5% tax etc" insert total income in the first box (before the @5%) and tax paid in the next box (after the @5%). Insert tax paid in "total amount of tax" box, again at the box to the right of it, again at the line "less temporary tax". Finally insert nil in the tax due/refund box.

This assumes your calculation of tax at the start of the year remains correct at the end of the year.

Then sign and date and post off in the envelope provided. No stamp necessary.
Author:  Hudswell [ Sat Mar 28, 2015 2:16 pm ]
Post subject:  Re: Cyprus 2014 Tax Forms?
Josef, thank you for your prompt reply, and apologies for not getting back to you sooner. My only question is regarding the amount I put, or not, in part I, column 6 (Tax Paid). Is that the tax I have already paid in Cyprus to the Cypriot Tax authority or Zero as obviously I receive my pension Gross from the UK.

Cheers.
Author:  Josef K [ Sat Mar 28, 2015 7:14 pm ]
Post subject:  Re: Cyprus 2014 Tax Forms?
That will be the tax (if any) paid to the Cyprus tax man.
Author:  Number6 [ Sun Mar 29, 2015 10:59 am ]
Post subject:  Re: Cyprus 2014 Tax Forms?
Josef K wrote:
That will be the tax (if any) paid to the Cyprus tax man.


As he has gone the 5% rate I would expect to see some tax paid . ;)
Author:  Hudswell [ Sun Mar 29, 2015 12:35 pm ]
Post subject:  Re: Cyprus 2014 Tax Forms?
Cheers Josef, form completed.....tax already paid.....happy man :sunny
Page 1 of 1 All times are UTC + 2 hours [ DST ]
Powered by phpBB® Forum Software © phpBB Group
http://www.phpbb.com/