On 17 January 2023, the Cyprus Tax Department announced the introduction of the Tax For All (TFA) system, which will gradually replace the TAXISnet platform. The first phase of implementation will only apply to VAT registered individuals and businesses.

The new portal went live on 27 March and to ensure a smooth transition to the new system, a few updates were met last month regarding VAT Submissions and deadlines.

Further updated and deadlines with a few other deadlines to follow this month and by the start of summer.

VAT Submissions 

• Effective 27 March 2023, the new TFA portal will handle all VAT and VIES obligations, including special schemes for taxi and farmers, exclusively. However, it's worth noting that Intrastat Returns will still need to be submitted through the existing TAXISnet system.

VAT Payments 

• Starting from 27 March 2023, all VAT payments must be made using the TFA portal's reference codes as well as slips. Payments can be completed through credit or debit cards, as well as through internet banking or cash desks at commercial banks.

Extension of VAT Returns deadlines 

The Cyprus Tax Department is expected to extend the deadlines for the submission of VAT returns as follows:

• The deadline for VAT returns covering the period December 2022 to February 2022, which was originally due on 10 April 2023, is expected to be extended to 26 April 2023.
• The deadline for VAT returns covering the period January 2023 to March 2023, which was originally due on 10 May 2023, is expected to be extended to 26 May 2023.

About Tax For All (TFA)

TFA is a new initiative by the Cyprus government aimed at enhancing the existing TAXISnet platform and improving tax collection.

The TFA system is an online platform that allows taxpayers to access their tax information, receive notifications about tax payments, and communicate with the Cyprus Tax Department through a single user account. The platform is designed to simplify the tax payment process and make it more accessible to citizens and businesses.

One of the main features of the TFA system is the ability to receive notifications via SMS or email about upcoming tax payments, deadlines, and other important information. The system also allows taxpayers to make online payments, submit tax returns, and access a range of other tax-related services.

The TFA system is integrated with the TAXISnet platform, which means that users can access all their tax information and services through a single portal. This integration ensures that taxpayers can manage their tax affairs more efficiently and effectively.

In summary, the TFA system is a new initiative that enhances the existing TAXISnet platform, but it has not replaced it. The TFA system provides taxpayers with a range of new features and services that make tax payment and management easier and more accessible.