Cyprus Tax Calculator (2026)

Income tax rates and take-home pay for Cyprus

Advertisement

Cyprus Income Tax Brackets (2025)

Bracket Income Range Rate
Tax-free band€0 - €19,5000.0%
20% band€19,501 - €28,00020.0%
25% band€28,001 - €36,30025.0%
30% band€36,301 - €60,00030.0%
35% band€60,001+35.0%

Social insurance contributions (employee)

Bracket Income Range Rate
Employee social insurance€0+8.8%

Capped at €5,862 per year

General Health System contributions (employee)

Bracket Income Range Rate
GHS employee contribution€0 - €180,0002.6%

Capped at €4,770 per year

Key Facts

Tax Year

2025

Currency

EUR

Top Rate

35.0%

Brackets

5 brackets

Tax-Free Threshold

€19,500

Social Contributions

2 items

Assumptions

  • · Model applies to Cyprus tax residents with worldwide income and Cyprus domicile for SDC purposes.
  • · Employment income only; excludes dividend, interest, and rental income subject to Special Defence Contribution.
  • · Social insurance contributions capped at EUR 66,612 annual insurable emoluments (2025).
  • · GHS contributions capped at EUR 180,000 annual income.
  • · No SDC modeled for employment income (SDC applies to investment income only).
  • · Standard employee deductions (life insurance, pension, medical fund) modeled as separate deductions subject to overall 1/5 of chargeable income limit.
  • · All deductions assumed to be within annual limits for a typical employee.

Frequently asked questions

What is the top income tax rate in Cyprus?

The highest marginal income tax rate in Cyprus is 0.3%. Your effective tax rate will be lower depending on your income level.

How many tax brackets does Cyprus have?

Cyprus has 5 income tax brackets. Income is taxed in brackets - you only pay the higher rate on income above each threshold, not on your entire income.

How is take-home pay calculated in Cyprus?

Take-home pay in Cyprus is your gross salary minus income tax, social contributions, and any applicable surcharges. Use the calculator above to see an exact breakdown for your salary.

Advertisement

Compare Cyprus with other countries

Compare Cyprus with another country

See side-by-side tax breakdowns for any two countries

Compare countries