By decision of the Commissioner of Taxation, the Cyprus Tax Department announced on 3 August 2026 the extension of two key deadlines, due to the summer holiday period.
What is extended
The new deadline of 20 August 2026 covers:
- the submission of the VAT Return for the period ended 30/06/2026, together with the payment of the VAT due for that period, and
- the submission of the Recapitulative Statement (VIES) for intra-Community transactions of July 2026.
The point often overlooked
The extension applies to both the submission and the payment of VAT. It is not enough for the return to be filed by 20/08/2026 — payment of the amount due must also be completed by the same date. As bank transfers may require clearing time, we recommend not leaving the payment for the final day.
Note also that the extension covers only the obligations listed above. All other tax deadlines remain unchanged.
Charges after 20/08/2026
Once the new deadline passes, submissions will be considered late and the following will apply:
- €100 for late submission of the VAT Return
- Additional tax of 10% on the VAT due
- €50 for late submission of the Recapitulative Statement (VIES)
What you should do
Despite the extension, early preparation remains the safest route. If you are a client of ours, please send us your records and supporting documents for the period as soon as possible, so that your return can be prepared, reviewed and submitted without last-minute pressure.
The team at CHK & Co. Advisors Ltd handles VAT and VIES obligations end to end — from bookkeeping through to submission and communication with the Tax Department.
Source: Tax Department announcement, 3 August 2026. This article is for general information purposes and does not constitute tax advice for any specific case.
