Payment of Tax Due August 2020 to December 2021 Deferred

The Office of the Commissioner for Revenue (“the CfR”) notifies that companies and self-employed persons whose turnover has been affected negatively as a result of the Covid-19 pandemic may submit their application to defer eligible taxes to the 15th of May 2022.

The above-mentioned deferral shall only be applicable to Provisional taxes, social security contributions of self-employed persons and VAT falling due between August 2020 up to and including December 2021.

The settlement of the above-mentioned eligible taxes commences in May 2022 and no additional penalties or interest will be levied upon such settlement made by this date.

Please do reach out to us if your business has been affected by the pandemic and would like to benefit from the above-mentioned deferral scheme.