Cyprus has 5 progressive brackets from 0% to 35%, with a generous EUR 22,000 tax-free threshold (raised from EUR 19,500 by the 2026 tax reform, Law N.244(I)/2025). Total employment deductions include 8.8% social insurance (capped at EUR 68,904 for 2026) plus 2.65% GESY (national health). The effective rate is lower than headline suggests: a EUR 50,000 earner pays roughly EUR 5,180 income tax (~10.4% effective, after deducting social insurance and GESY). Cyprus offers the Non-Dom regime: new residents can receive dividends and interest tax-free for 17 years. No inheritance tax and favorable treatment for foreign pensions. Corporate tax is just 12.5%. Filing deadline is July 31 for e-filing. Use our calculator to estimate your Cyprus tax liability.
This hub links to every Cyprus tax guide and calculator on CountryTaxCalc — covering income tax rates, and tools to calculate your take-home pay.
Cyprus's income tax uses 5 tax brackets from 0% to 35%. Use the calculator to estimate your take-home pay after income tax:
| Income | Rate |
|---|---|
| EUR 0 - EUR 22,000 | 0% |
| EUR 22,001 - EUR 32,000 | 20% |
| EUR 32,001 - EUR 42,000 | 25% |
| EUR 42,001 - EUR 72,000 | 30% |
| Over EUR 72,000 | 35% |
Brackets apply from 1 January 2026 under the Income Tax (Amending) Law N.244(I)/2025.
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