Tax Engine
🇨🇾Cyprus · Tax year 2026
Tax Calculator
Gross salary
€
First-time employment
Family status
Children
€1 000 / €1 250 / €1 500 · Art. 14B
0
2026 deductions
New protocol
Housing deduction
rent · mortgage · Art. 14B
€/ €2 000
Eco upgrades
solar · insulation · EV · Art. 14B
€/ €1 000
Home insurance
home policy · Art. 14B
€/ €500
Estimated net pay · monthly
€2 492
net salary after tax · social insurance · GESY
Take-home€2 492
Income tax€165
Social ins.€264
GESY€80
EFFECTIVE RATE
16.9%
VS 2025
+€6
ANNUAL NET
€29 902
TAKE-HOME
83.1%
☕
830
frappés
🥙
622
souvlakia
🏖️
20
nights at Coral Bay
True cost to hire you
Employer total · monthly
€3 462
Extras on top of gross
+€462
13.3% above gross
Gross Salary · 86.7%Statutory contributions · 13.3%
Gross Salary
100.0%
€3 000
Social Insurance
8.8%
€264
GHS (GESY)
2.9%
€87
Redundancy Fund
1.2%
€36
Industrial Training
0.5%
€15
Social Cohesion Fund
2.0%
€60
Cyprus tips
Local rules · benchmarks · perks · purchasing power
📅
Filing deadline
346days
TAXISnet · 31 Jul 2027
🏆 Top earner
Top 25%
of Cyprus earners · CYSTAT
🏝️
Non-dom status
Toggle First-time employment to unlock
17 years of 0% tax on dividends, interest & rentals — Cyprus’s biggest perk for relocators 🚀
🛒 Your monthly net buys
☕
830
frappés
🥙
622
souvlakia
🏖️
20
nights at Coral Bay
🌞 Holiday fund · 8%
Industry-dependent — not automatic
🍽️Hospitality🏗️Construction🛍️Retail🏨Hotels✂️Personal services
Other industries: typically no holiday fund — confirm with your contract ✍️