Information in Relation to the Gradual Implementation
of the TFA-Tax For All System

January 17, 2023 / News

On behalf of the Tax Department, we would like to inform taxpayers that the information of taxpayers has begun in relation to its gradual implementation. TFA-Tax For All, of the Unified Tax Management System which at this initial stage affects ONLY persons who are registered in the Tax Department for VAT purposes.

Attached:

  • sample of the content of the e-mail for changing the access code, the sending of which has already begun, to the users of TAXISnet VAT
  • an announcement posted on the website of the Tax Department to update the e-mail address

Our request is that you proceed to:

  1. change the access code where needed, making it memorable and user-friendly since in the new TFA system You will NOT be able to modify the username.
  2. Update email addresses where necessary

These two elements will contribute to your successful transition to TFA.

Please note that changing your password and updating your email address, where applicable, MUST be completed

by February 23, 2023 for taxisnet users VAT

202301 TFA -change of username

202301 TFA -update of email address

 

Neoklis Epaminondou

Managing Director and Founder

Neoklis is the Managing Director and Founder of Epaminondou & Co Audit Services Ltd and Arlon Consultancy Ltd, bringing over two decades of experience in accounting, tax advisory, business consultancy, and relocation services. He is a licensed Audit Practitioner, an Approved Compliance Officer, a Payroll Specialist, and an ADIT student. Neoklis is renowned for delivering high-quality tax advisory services, alongside expert business analysis, risk assessment, and business relocation solutions.

In his advisory role, Neoklis has been instrumental in structuring M&A deals, conducting financial due diligence, preparing tax memos, and managing complex tax reporting for both local and international clients. He has also played a key role in assisting businesses with their relocation to Cyprus, leveraging the country’s attractive tax incentives as one of Europe’s leading business hubs.

Neoklis is a Fellow Chartered Certified Accountant (FCCA) and holds a Master’s in Finance and Investments from the University of Exeter. He is an active member of the Association of Chartered Certified Accountants (ACCA) and the Institute of Certified Public Accountants of Cyprus (ICPAC). Additionally, Neoklis is an honorary member of the Cyprus Payroll Association, an approved mediator, and an educational trainer. Recently, he obtained the Approved Compliance Officer Certificate (AML) from AICA and successfully passed the Cyprus tax paper as part of the ADIT Qualification.