Cyprus Tax Calculator 2025
Calculate your Cypriot income tax, social insurance & net salary
EUR
€0
Annual Net Income
Effective Tax Rate: 0%
Tax Breakdown
Gross Income
€0
Tax-Free Amount
€19,500
Income Tax
€0
Social Insurance (8.8%)
GESY Health (2.65%)
€0
Total Deductions
€0
Monthly Breakdown
Monthly Gross
€0
Monthly Net
€0
Cyprus Tax Rates 2025
| Income Band (EUR) | Tax Rate |
|---|---|
| €0 - €19,500 | 0% (Tax-free) |
| €19,501 - €28,000 | 20% |
| €28,001 - €36,300 | 25% |
| €36,301 - €60,000 | 30% |
| Above €60,000 | 35% |
Important Information:
Cyprus has a generous tax-free threshold of €19,500. Employees pay 8.8% social insurance (capped at €60,060/year) and 2.65% for GESY (General Healthcare System). Tax year follows the calendar year (January - December).
Expat Tax Benefits:
Cyprus offers a 50% income tax exemption for individuals earning over €55,000 who become Cyprus tax residents (and weren't residents for 3 of the last 5 years before). This benefit applies for 17 years, making Cyprus one of the most attractive EU destinations for high earners.
Data sourced from Cyprus Ministry of Finance | Last updated: December 2025