Cyprus Tax Calculator (2026)
Income tax rates and take-home pay for Cyprus
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Cyprus Income Tax Brackets (2025)
| Bracket | Income Range | Rate |
|---|---|---|
| Tax-free band | €0 - €19,500 | 0.0% |
| 20% band | €19,501 - €28,000 | 20.0% |
| 25% band | €28,001 - €36,300 | 25.0% |
| 30% band | €36,301 - €60,000 | 30.0% |
| 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 - €180,000 | 2.6% |
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
How much income tax do I pay in Cyprus if I earn EUR 50,000 per year?
Your first EUR 19,500 is tax-free. On the next EUR 8,500 (up to EUR 28,000), you pay 20%, and on the remaining EUR 22,000 (up to EUR 50,000), you pay 30%, resulting in total income tax of approximately EUR 8,200. You'll also pay social insurance contributions of 8.8% and General Health System contributions of 2.65%, both capped at certain limits.
What is the top income tax rate in Cyprus?
The highest income tax rate in Cyprus is 35%, which applies to income above EUR 60,001. Cyprus has five tax brackets ranging from a 0% tax-free band up to EUR 19,500, then 20%, 25%, 30%, and finally 35% for the highest earners.
Do I have to pay social insurance contributions as an employee in Cyprus?
Yes, as an employee you pay 8.8% in social insurance contributions on your gross income, capped at a maximum of EUR 5,862 per year. You also pay 2.65% toward the General Health System, capped at EUR 4,770 annually. Both contributions are deductible from your taxable income.
Is there a state or regional income tax in Cyprus?
No, Cyprus does not have state or regional income taxes. The tax data provided applies uniformly across the entire country, so tax rates are the same regardless of where in Cyprus you live or work.
What deductions can I claim on my employment income in Cyprus?
Employee deductions include life insurance, pension contributions, and medical fund contributions, which are subject to an overall limit of 1/5 of your chargeable income. Social insurance and General Health System contributions are also deductible and reduce your taxable income before the income tax brackets are applied.
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