IR6
IR6 provisional tax (paying tax in advance)
Provisional tax means paying this year's tax in two instalments during the year, based on your best estimate of profit, instead of all at once later.
Who needs it
Companies, and self-employed people whose income is not taxed at source.
When and where to file
Deadline: Two equal instalments: usually 31 July and 31 December of the same year.
Where: Declared and paid online through Tax For All (TFA).
Step by step
- 1Estimate this year's taxable profit (last year's results are a good starting point).
- 2Calculate the tax on that estimate.
- 3Pay half by the July deadline and half by the December deadline.
- 4Revise the estimate before 31 December if profit changes a lot.
Worked example
Illustrative figures only.
Taxpayer details
| Name | Example Trading Ltd |
|---|---|
| Tax year | 2026 |
Estimate
| Estimated taxable profit | €100,000.00 |
|---|---|
| Tax rate | 15% |
| Estimated tax | €15,000.00 |
Instalments
| 1st instalment (31 July) | €7,500.00 |
|---|---|
| 2nd instalment (31 December) | €7,500.00 |
Common mistakes
- Estimating too low (an extra charge applies if under 75% of the final figure)
- Missing one of the two instalments
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