The online application TaxApp.cy is launched, which aims to simplify the process of submitting the tax return, in view of the deadline of October 31, 2023 for the submission of the Tax Return for 2022.
As stated in an announcement issued by the Ministry of Finance, TaxApp.cy is aimed at everyone, regardless of knowledge of tax matters and 'type of income'. It is an intelligent application that guides the user in the preparation and submission of his tax return, acting as an "intermediary" between the user and the TAXISnet government website. Through a simple process and using the data from the user's answers, TaxApp's smart software completes the tax return and calculates the tax payable (if applicable).
TaxApp.cy also provides security to the user, as the declaration is checked by professional tax advisors before it is submitted to TAXISnet (on behalf of the user), thus ensuring its correctness. TaxApp.cy users receive help and guidance at every step of the process, and many of their details are submitted only once, making it easier to submit the next tax year.
It is reminded that the obligation to submit a tax return for the year 2022 is for individuals – Employees, Pensioners and Self-Employed – whose gross (i.e. before tax) income for the tax year 2022 exceeds €19.500.
Regarding the security of personal data, both the TaxApp.cy website and application use encrypted connections (SSL) and a firewall to ensure that the user's personal data is secure. In addition, the TaxApp platform is fully compliant with all “GDPR” data protection regulations and is subject to supervision by the Cyprus Association of Chartered Accountants (CPA).
Source: KYPE