- Taxable persons in Cyprus can make corrections to their VAT returns if they identify errors.
- The errors must relate to a period within 3 years from the end of the specified tax period and must be related to an incorrect tax return.
- The total sum of errors in both output tax and input tax should not exceed €1708.60.
- A request for amendment can be submitted via email to the tax department through the TAX FOR ALL platform, mentioning the identified errors and providing supporting documents if necessary.
- The request will be assigned a serial number and handled by the tax department’s officers.
- The option to amend the tax return will be available from September 17, 2023.
Source: eurofast.eu
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
