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Tax Webcast May 2020

Cyprus Tax Webcasts

Welcome to our 5 minute tax update broadcasted monthly. The aim of our tax webcasts is to provide a brief summary of local and international tax events impacting Cyprus.

Subscribe to our Tax Webcasts to be notified when a new video is out via our website or YouTube channel.



In this Tax Webcast, we are back in the office and are covering the following topics:      

  • Amending Income Tax Law for the incentives of investing in innovative small and medium-sized enterprises (SMEs)
  • Further measures voted following the COVID-19 outbreak
    • Rent reduction incentives
    • Extension of the deadline for the payment of Social Insurance Contributions by self-employed individuals 
  • Draft bill for reduction of companies’ levy   
  • Entry into force of the Multilateral Instrument for Cyprus  
  • Tax diary for June 2020

As the outbreak of COVID-19 is continuing to impact our clients, professionals and the  communities in which we live and serve,  to help we put together a collection of resources which are being constantly updated, to inform our communities and assist with preparing and responding to the risks associated with this global health crisis:

Reach out to our professionals. We are here to support you.

Related Links




The past year's Tax Webcasts (with full description) are available below.

April 2020

March 2020

February 2020

January 2020

November 2019

October 2019

September 2019

July 2019

June 2019

May 2019

April 2019

You can also find the rest of our archived videos on Youtube.

Disclaimer Note


Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.

Please note that the comments made in this presentation, to some extent, are based on material obtained from sources outside Deloitte.

This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms, or their related entities (collectively, the ″Deloitte network″) is, by means of this video, rendering professional advice or services.

No entity in the Deloitte network shall be responsible for any loss whatsoever sustained by any person who relies on this video.

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