The first 22,000 euros are tax free
The 2026 reform raised the tax-free band from 19,500 to 22,000 euros. Above it the rate steps up through 20%, 25% and 30% to 35% on income over 72,000 euros.
Your income tax in Cyprus, 2026.
Enter a gross income. The 2026 bands apply one by one, and the table shows every euro of tax, social insurance and GESY.
0 to 2,000,000 euros
€0€250,000
Taxable income €39,848. Social insurance and GESY reduce taxable income, up to one fifth of it: €5,153 here.
Your income tax in Cyprus, 2026
€3,962
income tax for the year. Everything taken together is 20.3% of gross.
€0 to €22,000 at 0%, on €22,000€0
€22,000 to €32,000 at 20%, on €10,000€2,000
€32,000 to €42,000 at 25%, on €7,848€1,962
€42,000 to €72,000 at 30%€0
Above €72,000 at 35%€0
Income tax€3,962
Social insurance (8.8%)€3,960
GESY (2.65%)€1,193
Total deductions€9,114
Net per year€35,886
Net per month, over 12 payments€2,990
Paid a 13th salary? The yearly figures are the same; divide the net by 13 instead of 12 for each payment.
Not included: the 2026 personal deductions (children, rent or mortgage interest, green upgrades), the first employment exemptions, and other income such as rent or dividends.
An illustrative estimate under the 2026 Cyprus rules, not tax advice. Your own position depends on facts this tool does not ask about, and is confirmed on a call.
Three things worth knowing before you plan around it.
Contributions reduce taxable income
Social insurance and GESY are deducted before the bands apply, up to one fifth of income. That is why taxable income is lower than gross.
Allowances are not in here
The 2026 deductions for children, rent or mortgage interest and green upgrades, and the first employment exemptions, each have their own conditions and caps. They can lower the bill, and they are worth checking one by one.
The bands are public. Your allowances are not.
The calculator applies the bands. Which deductions and exemptions you can claim depends on your family, your home and when you started working in Cyprus, and that is a conversation.
No slide deck. No obligation.