[PIO] Announcement of the Taxation Department regarding the revision of the provisional taxation for 2023

The Tax Department informs you that you can revise your provisional tax until 31 December this year.

Revision of provisional tax is done through the Tax Portal[URL=HTTPS:/TAXPORTAL.MOF.GOV.CY/].

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The revision of provisional taxation can be done as follows.mof.gov.cy/]Tax Portal[/URL] (Registration of debts - Temporary Taxation 0200 Income Tax (Natural and Legal Persons) you enter in the "Final Taxable Income" field the Revised Taxable Income for the whole year.
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1. Enter in the "Tax Payable" field only the amount of the increase.

2. Reduction of Temporary Tax

1. In Tax Portal (Registration of debts - Temporary Tax 0200 Income Tax (Individuals and Legal Entities) you enter in the field "Final Taxable Income" the Revised Taxable Income for the whole year.

1. Enter in the field Tax payable" only the amount of the deduction with a negative sign.

For more information visit Tax Portal / Information Forms / Guides.

(NZ/EATH)
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