Tax Calendar of January 2025

by George Vorkas

We welcome the new year 2025 with the same sense of responsibility towards the tax laws and regulations of the country.

N. Vorkas & Co publishes the Tax Calendar every month to inform its customers and anyone interested in deadlines of submitting declarations and tax payments.

For January

Until the end of the month

  • Payment of tax which was deducted from the salaries of employees last month. (Form – I.R. 61 – PAYE)
  • GHS payment of the previous month for: 1) Employees and Employer Contribution for Officials (0711) 2) Officials and retirees (0701)
  • Completion of declarations for withholding of Special Defence Contribution (SDC) and General Health System (GHS) from dividends and interest acquired last month. (Statement – I.R. 603, 602)*
  • Payment of Special Defence Contribution (SDC) withheld from dividends or interest paid in the previous month. (Forms – I.R. 603, 602)*
  • Payment of Social Insurance of December for employees.
  • Completion of a Declaration for Claiming Tax Deductions of the current year 2025 (Form IR 59)

* By the end of the month, any taxpayer must complete and pay the Defence Contribution Tax and the GHS tax of the Deemed Dividend Distribution from 2022 earnings.

Please note that the Tax Calendar will be updated according to the new data for any changes in the due dates.

For any information, give us a call. We consider compliance with tax laws and regulations extremely important.

We are here to give you the help you need.

N. V. & C Team

N. Vorkas & Co

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