News & Updates

Here is our latest news from Fairfax Cyprus

Submission of Withholding Taxes Contributions (Employers) Return (TD7 Form) through the TAX FOR ALL (TFA) platform

On January 13, 2025, the Tax Department issued an announcement titled Δήλωση ΤΦ7 μέσω TFA.pdf, notifying taxpayers that during the first half of 2025, the submission of the Withholding Taxes & Contributions (Employer’s) Return (Form TD7) and the payment of withheld taxes and contributions will transition to the TFA system.

Until the process for submitting Form TD7 via the TFA system is finalised, the following interim arrangements will apply:

  • Submission through TAXISnet: Form TD7 for the years up to and including 2023 will continue to be submitted via the TAXISnet system.
  • Payments through the Tax Portal: Monthly payments for withheld taxes and contributions for 2023, 2024, and 2025 will be processed through the Tax Portal.

Once the transition is complete and the submission of Form TD7 via the TFA system is operational, the following changes will be implemented:

  • Both the submission of Form TD7 and the payment of withheld taxes and contributions will be conducted exclusively through the TFA system.
  • Starting from 2025, Form TD7 must be submitted monthly.
  • All monthly submissions for 2025 (beginning January 2025) must be made via the TFA system, even if taxes and contributions have been paid through the Tax Portal.
  • For successful submission of Form TD7, all employees must possess a valid Tax Identification Number (TIN).

To assist taxpayers with the transition, the Tax Department will provide detailed Informative Guides and host Online Seminars.

The specific commencement date for the submission of Form TD7 and the settlement of taxes and contributions via the TFA system will be announced in due course through an official announcement by the Tax Department.

We remain at your service, should you need further clarifications or assistance from our end. You can reach us on +357 2555 8025 or email accounts@fairfaxyeamen.com .