Refund of Personal Income Tax Overpayment in Cyprus: How to Get It and How to Submit Your IBAN from October 2026
Overpayments are no longer refunded by cheque, only by bank transfer. From 5 October 2026 the procedure for submitting bank details for this transfer has changed as well.
If an individual’s tax return results in an overpayment (for example, the employer or the taxpayer paid more into the budget than the final tax due), that amount can be refunded. But from October 2026 the way the Cyprus Tax Department finds out where to send the overpayment has changed.
How personal income tax overpayments are refunded
The rule is simple and has been in place for some years: the Cyprus Tax Department does not issue tax refund cheques. Once the return has been processed and the amount confirmed, the whole overpayment is paid only by bank transfer to the account the taxpayer has registered in the system.
What changed on 5 October 2026
Before that date, applications to register or change a bank account for payments from the Tax Department could be submitted, among other ways, by email. From 5 October 2026 this has changed: such applications are accepted exclusively through the Tax For All portal.
What you need to do:
- log in to the Tax For All portal with your CY Login credentials
- complete form T.D. 2008
- attach an IBAN certificate issued by your bank
- make sure the account is held in the name of the person entitled to receive the payment
Email applications are no longer accepted for this purpose.
Exception for those the system cannot identify
There is a separate exception for organisations that objectively cannot be identified through the system: they use form T.D. 2008-S, signed and scanned, and attach it to a new Tax For All request together with the bank certificate. This exception does not apply to those who can technically access the system through CY Login but have simply not registered yet.
If you have tax debts, the overpayment may be offset
The refund may be reduced by the taxpayer’s other liabilities to the Tax Department and government services. In that case the account receives not the whole overpayment but the balance after the offset.
What to do now
- Check in Tax For All which IBAN is registered as current for receiving payments.
- If the account is closed, has changed or is wrong, prepare an IBAN certificate from your bank.
- Submit an application to register or change the IBAN through Tax For All using form T.D. 2008, attaching the bank certificate.
- Wait for confirmation from the portal and keep it together with the bank certificate.
- After your return is processed, check the refund status through Tax For All instead of waiting for a cheque or a paper notice.
Need help with your tax return or refund?
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FAQ
How are personal income tax overpayments refunded in Cyprus?
The overpayment is refunded only by bank transfer to the taxpayer’s registered bank account. The Tax Department no longer issues refund cheques; without a registered IBAN the payment will simply not be made.
What changed in IBAN registration on 5 October 2026?
From that date, applications to register a new IBAN or change an existing one for payments from the Tax Department are submitted exclusively through the Tax For All portal: after logging in through CY Login, using form T.D. 2008, with a bank IBAN certificate attached. Email applications are no longer accepted.
What happens if I do not update my IBAN in Tax For All?
If no valid IBAN is registered in the system, the overpayment will not be paid out. The old way of submitting bank details with the return or by post no longer works for this purpose.
Can I submit an IBAN registration request by post if I have no CY Login access?
The general rule is submission through Tax For All only. A separate exception exists for organisations that objectively cannot be identified in the system: they use a separate form T.D. 2008-S, signed and attached to a new Tax For All request together with the bank certificate. This exception does not apply to those who have simply not yet registered with CY Login.
Can the Tax Department withhold part of the overpayment against other debts?
Yes, the refund may be reduced by the taxpayer’s other liabilities to the Tax Department and government services; the account then receives only the balance after the offset. The exact amount offset depends on the specific debt.
Source check
The change in the procedure for registering and changing an IBAN for Tax Department payments from 5 October 2026 is confirmed by a Cyprus Mail article of 23 September 2026. The rule that the Tax Department no longer issues refund cheques and requires an IBAN to be registered is confirmed by the official FAQ of the Ministry of Finance of Cyprus. The right to a refund of overpaid tax is set out in a provision of the law «Περί Βεβαιώσεως και Εισπράξεως Φόρων» (“Περιστάσεις κάτω από τις οποίες μπορεί να επιστραφεί φόρος”, i.e. “Circumstances under which tax may be refunded”); we checked its number and wording against the official consolidated text of the law on the Ministry of Finance website.
Claims found on Russian-language sites about a specific refund period in working days after the return is processed, and about “Article 39A” as the provision for offsetting an overpayment against debts, could not be confirmed against the primary text of the law: the consolidated version we checked does not contain this provision in the stated form. For that reason the article deliberately does not present these details as fact. The rule that an overpayment may be offset against debts exists and is confirmed by an independent source, but without a specific article number and without the stated number of working days, which we could not verify.