We would like to remind you that the Income Tax Declaration for individuals (TD.1 form) for the tax year 2021, is made available to the Taxisnet system.

Deadline for submission – 31 July 2022

Part of the allowable deductions are:

• Life insurance premiums – 100%
• Wages and salaries and contributions to Social Insurance Fund, Redundancy Fund, Human Resource Development Fund, Social Cohesion Fund, Pension Fund, and Provident Fund – 100%

More information: https://taxisnet.mof.gov.cy/static/help/epr1/taxNotes_2019ch_en.html

Ideal Insurance (www.insuranceideal.com) is always at your disposal for any additional information or clarifications you may require.