Cyprus Salary & Income Tax Calculator (2026)
Enter your gross salary to see what you take home in Cyprus for the 2026 tax year. The calculator applies the new income tax bands that came into force on 1 January 2026 — with the tax-free threshold raised from €19,500 to €22,000 — then deducts employee social insurance (8.8%) and the GESY/GHS health contribution (2.65%) up to their ceilings. It shows your net pay per year and per month, so you can check a payslip or compare a job offer.
Your total pay before any deductions.
Use 13 or 14 if your contract pays a 13th/14th salary.
The rates this tool uses
- Income tax 2026: 0% to €22,000 · 20% €22,001–32,000 · 25% €32,001–42,000 · 30% €42,001–72,000 · 35% above €72,000
- Employee social insurance: 8.8% of gross, up to €68,904/yr (max €6,063.55)
- Employee GESY (GHS): 2.65% of income, up to €180,000/yr (max €4,770)
- Social insurance and GESY are deducted before income tax is worked out
This tool gives an estimate based on published 2026 Cyprus rates and is for general information only — not legal or tax advice. Rules have exceptions and your circumstances may differ. Confirm your position with a qualified Cyprus lawyer or tax adviser before acting.
Frequently asked questions
What is the tax-free income threshold in Cyprus for 2026?
From 1 January 2026 the tax-free threshold is €22,000 of chargeable income, up from €19,500 in 2025. You pay no income tax on the first €22,000; only income above that is taxed, at progressive rates of 20% to 35%.
How much social insurance does an employee pay in Cyprus in 2026?
Employees pay 8.8% of their gross salary in social insurance. It is charged only up to the 2026 ceiling of €68,904 per year (€5,742 per month), so the maximum an employee pays is about €6,063.55 a year. The employer pays a matching 8.8% on top.
What is the GESY (GHS) contribution rate for employees in 2026?
Employees contribute 2.65% of their pay to the General Healthcare System (GESY/GHS) in 2026. It applies to income up to €180,000 per year, so the most an employee pays is €4,770 a year. Employers contribute 2.90% separately.
How is take-home pay calculated in Cyprus?
Start with your gross salary, deduct your 8.8% social insurance and 2.65% GESY contributions, then apply the progressive income tax bands to the remaining (chargeable) income. Subtract all three — income tax, social insurance and GESY — from gross to get your net pay.
Is income tax in Cyprus charged on gross salary or after deductions?
It is charged on chargeable income — your gross pay minus allowable deductions, which for most employees means gross minus social insurance and GESY. There is an overall cap of one-fifth of chargeable income on these deductions, but a normal salary's contributions (about 11.5%) stay well under it.
Did Cyprus change its income tax rates for 2026?
Yes. A tax reform published on 31 December 2025 took effect on 1 January 2026. It raised the tax-free threshold to €22,000 and widened the bands, so the top 35% rate now applies only above €72,000 (previously €60,000). New conditional reliefs for children, housing and energy upgrades were also introduced.