The Cyprus Chamber of Commerce and Industry (CCCI) inform you of the issuance of the New Form T.D. 59 by the Tax Department, which concerns the “Declaration for claiming tax deductions” for employees for the year 2026.
The new Form T.D. 59 is attached; you can also find it at the following link along with the Explanatory Implementation Guide of the tax reform for individuals
Additionally, due to the significant changes brought about by the Tax Reform and the questions arising regarding payroll management, the CCCI has secured a second informational webinar on 19/01, in collaboration with the Tax Department.
During the webinars (Greek Language), a detailed explanation of the new form will be provided, and clarifications will be given on all issues affecting Personal Taxation and Payroll.
Webinar Schedule (January 19, 2026):
1st Group: 09:00 – 11:00
2nd Group: 11:30 – 13:30
Those who have already registered for the January 19th webinars will be notified within the coming week regarding the group they will be assigned to, on a first-come, first-served basis.
Sincerely,
Zacharias I. Manitaras
Senior Officer
Department of Commerce, Services and Digitalization