Cyprus Tax Calculator (2026)

Income tax rates and take-home pay for Cyprus

Cyprus Income Tax Brackets (2025)

Bracket Income Range Rate
Tax Free€0 - €19,5000.0%
Band 1€19,500 - €28,00020.0%
Band 2€28,000 - €36,30025.0%
Band 3€36,300 - €60,00030.0%
Band 4€60,000+35.0%

Social Insurance Fund

Bracket Income Range Rate
Standard Rate€0 - €66,6128.8%
Above Cap€66,612+0.0%

Capped at €5,862 per year

General Health System (GHS)

Bracket Income Range Rate
Standard Rate€0 - €180,0002.6%
Above Cap€180,000+0.0%

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

  • · Social insurance and General Health System (GHS) contributions are deductible for income tax purposes, subject to a combined cap of 1/5 (20%) of chargeable income.
  • · Special Defence Contribution (SDC) is excluded as it typically applies to investment/rental income, not standard employment salary.
  • · The first bracket of €19,500 at 0% serves as the effective personal allowance.
  • · Professional/Trade union fees were not modeled as they varies by person.

Frequently asked questions

How much income tax will I pay on my salary in Cyprus?

Cyprus has a progressive income tax system with five brackets ranging from 0% to 35%. The first EUR 19,500 of your income is tax-free, then rates increase from 20% on income between EUR 19,500-28,000 up to 35% on income above EUR 60,000. Your actual tax depends on your total annual income and which brackets you fall into.

What are social contributions in Cyprus and are they deductible?

You pay two main social contributions: the Social Insurance Fund at 8.8% (capped at EUR 5,861.86 annually) and the General Health System (GHS) at 2.65% (capped at EUR 4,770 annually). Both contributions are deductible for income tax purposes, but the combined deduction is limited to 20% of your chargeable income, which effectively reduces your taxable income.

What's the take-home pay from a EUR 50,000 salary in Cyprus?

On a EUR 50,000 gross salary, you would pay income tax across multiple brackets (0%, 20%, 25%, and 30%), plus social contributions of approximately EUR 4,325. Your take-home pay would be roughly EUR 41,500-42,000 depending on exact deductions, but our calculator on this page will give you the precise figure based on your specific circumstances.

Is there a personal allowance or tax-free threshold in Cyprus?

Yes, Cyprus has an effective personal allowance of EUR 19,500, which is taxed at 0%. This means the first EUR 19,500 of your annual income is completely tax-free, and you only start paying income tax on earnings above this threshold.

Do I need to pay different taxes if I move to a specific region in Cyprus?

Cyprus does not have regional or state-level income taxes. The income tax rates and social contributions are the same throughout the country, regardless of which city or region you live and work in.

Compare Cyprus with other countries

Compare Cyprus with another country

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

Compare countries