EMOLUMENTS CERTIFICATE FOR THE YEAR 2020
We would like remind employees working in Cyprus of their right to receive their Emoluments Certificate for 2020. It is the employer’s responsibility to provide his/her employees of their emoluments certificate for the previous year using the IR63 form which is published by the Tax Department every year.
In summary, after the end of every year, the employer must issue a certificate of emoluments to their employees using the form IR63 (Certificate of Emoluments) and hand the original over to the employees, who, in turn, will use it to complete their income tax returns. The IR63 can be found in the Tax Departments website and it provide important information which will be used by the employees when preparing the IR1/Income Tax form for 2020.
Information provided through the IR63 include: emoluments, deductions, taxes paid, and employer’s information.
Click to Download the 2020 IR63
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