Cyprus: VAT payment deferral (COVID-19)

Cyprus: VAT payment deferral (COVID-19)

The payment of value added tax (VAT) in Cyprus has been deferred in response to the coronavirus (COVID-19) pandemic.


Related content

Eligible VAT payments may be deferred to 10 November 2020 without invoking penalties or interest.

The deferral of payment of VAT only applies to periods ending on 29 February 2020 (1 December 2019 - 29 February 2020), 31 March 2020 (1 January 2020 - 31 March 2020) and 30 April 2020 (1 February 2020 - 30 April 2020), provided that the relevant VAT returns are timely submitted (on 10 April, 10 May, and 10 June, respectively) and that the taxable persons do not fall under certain exclusions.

Read a March 2020 report [PDF 57 KB] prepared by the KPMG member firm in Cyprus

© 2022 KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

For more detail about the structure of the KPMG global organization please visit

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Want to do business with KPMG?


loading image Request for proposal