Post-reform 2026 tax bands. See your take-home pay after income tax, Social Insurance and GESY.
13th / 14th salary is common in Cyprus. The annual total is split across this many payments.
Estimate only. Uses 2026 rates: tax-free up to €22,000; bands 20/25/30/35%; Social Insurance 8.8% (cap €68,904); GESY 2.65% (cap €180,000). Assumes SI & GESY are tax-deductible. Not tax advice — verify with the Cyprus Tax Department or an accountant.
| Gross (annual) | €0 |
| − Income tax | €0 |
| − Social Insurance (8.8%) | €0 |
| − GESY (2.65%) | €0 |
| Net (annual) | €0 |
Your income tax is calculated on your gross salary after deducting Social Insurance and GESY contributions, which are tax-deductible. The first €22,000 of taxable income is tax-free following the January 2026 reform. The remaining income is taxed progressively: 20% from €22,001 to €32,000, 25% up to €42,000, 30% up to €72,000, and 35% above that. Social Insurance is 8.8% of gross (capped at €68,904 of insurable earnings) and the General Healthcare System (GESY/ΓεΣΥ) contribution is 2.65% (capped at €180,000).
After the 2026 reform, the personal income tax-free threshold rose from €19,500 to €22,000 per year.
Employees pay income tax, Social Insurance (8.8%) and GESY (2.65%). Employers pay their own Social Insurance and GESY plus contributions to other state funds.
Yes — choose 12, 13 or 14 salaries. The annual gross is taxed as a whole and then divided across the number of payments you select.