VAT4
VAT return (VAT4) guide
The VAT return reports the VAT you charged customers and the VAT you paid suppliers. You pay the difference, or claim it back if you paid more than you charged.
Who needs it
Businesses registered for VAT in Cyprus (registration is required above €15,600 of yearly sales).
When and where to file
Deadline: Usually by the 10th day of the second month after each quarter ends.
Where: Filed online through the Tax Department's VAT/TFA system.
Step by step
- 1List all sales invoices in the quarter and the VAT on them (output VAT).
- 2List all purchase invoices with VAT you can claim (input VAT).
- 3Record EU sales and purchases separately.
- 4Submit the return and pay the balance by the deadline.
Worked example
Illustrative figures only.
Business details
| VAT number | CY00000000X |
|---|---|
| Period | 01/01/2026 - 31/03/2026 |
VAT calculation
| Box 1: Output VAT on sales | €9,500.00 |
|---|---|
| Box 4: Input VAT on purchases | €3,200.00 |
| Box 5: Net VAT payable | €6,300.00 |
| Box 6: Total sales excl. VAT | €50,000.00 |
| Box 8A: EU supplies of goods | €0.00 |
Common mistakes
- Claiming VAT on non-business costs
- Wrong rate on mixed supplies
- Forgetting the VIES report for EU sales
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