Cyprus Salary Calculator

Cyprus salary & tax guides

Short, plain-English explainers for the 2026 rules behind your pay slip.

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A Cyprus payslip has three main deductions between your gross and your net pay: income tax, Social Insurance and GESY. These guides explain each one for 2026 — how the tax bands work after the reform, what the contributions fund and where they cap, how the 13th and 14th salary are taxed, and how the picture changes if you're self-employed. Read them alongside the calculator to see exactly how your own number is built up.

Cyprus income tax bands 2026

The post-reform bands — €22,000 tax-free, then 20/25/30/35% — with a worked example.

The 13th & 14th salary

What the extra pay months are, whether you're owed them, and how they're taxed.

Social Insurance & GESY

The 8.8% and 2.65% employee contributions, their caps, and the employer's share.

Self-employed tax

Same tax bands, higher contributions (16.6% + 4%), plus VAT and provisional tax.

VAT calculator

Add or remove VAT at the 19% standard rate or the 9% and 5% reduced rates.

13th salary calculator

Net take-home per payment across 12, 13 or 14 salaries, and your net 13th cheque.

Minimum wage in Cyprus

The €1,000/month national minimum wage — who it applies to, exemptions, history and EU comparison.

Employer costs in Cyprus

The full ~14.9% on top of gross: Social Insurance, redundancy fund, HRDA, social cohesion and GESY.

Income tax brackets Cyprus 2026

Full breakdown of the €22,000 threshold and the 20/25/30/35% bands with worked examples at different salary levels.

GESY health insurance explained

What GESY covers, contribution rates for employees, employers and self-employed, and how to use the system.

How to read your Cyprus payslip

A line-by-line walkthrough of a typical payslip — what each deduction means and where the money goes.

50% tax exemption for expats

Who qualifies for the Cyprus expat relief, how to claim it, duration, and worked examples.

Pension contributions explained

How Social Insurance pension works, contribution rates, retirement age, and how your pension is calculated.

Salary negotiation in Cyprus

Typical salary ranges by sector, the 13th salary, common benefits, and negotiation tips for the Cyprus market.

Cost of living in Cyprus 2026

Monthly breakdown of rent, utilities, groceries, transport, and sample budgets for a single person and a family.

Freelance vs employed: tax comparison

Side-by-side comparison of taxes, contributions and net income for employees and freelancers at different salary levels.