💼 Your income
ℹ️ Enter your TOTAL annual gross — including the 13th salary if you receive one. The 13th toggle below only changes how it is split (12 vs 13 payments), not the annual total.
25% — "Minds in Cyprus" (Art. 8(21B))
25% of gross, capped at €25,000/year, for 7 years. For employment starting on/after 1 Jan 2025. Requires: not Cyprus tax-resident for 7 consecutive years prior, and full-time employed outside Cyprus for 36 of the 84 months before. Replaces the old 20% rule for new applicants.
50% — High earners > €55,000 (Art. 8(23A))
50% exemption on employment income, for up to 17 years. Requires annual gross above €55,000 AND not being Cyprus tax-resident for 10 consecutive years prior. Available for first employment on/after 1 Jan 2022 (with grandfathering for 2016–2021 hires).
20% — Transitionary (Art. 8(21A))
20% of gross OR €8,550 (whichever is lower), for 7 years. For first employment after 26 Jul 2022 where the 50% threshold is not met. Requires: not Cyprus tax-resident for 3 years prior and previously employed outside Cyprus.
👨👩👧 Family status & children
€1,000 (1st), €1,250 (2nd), €1,500 (3rd+) per parent
🎚️ Lower your tax — play with the levers
Each tab adjusts a legal deduction. Watch the right-side panel update in real time.
Provident fund + life insurance + private health combined are capped at 20% of chargeable income.
Enter YOUR contribution only (from your payslip "Pension Contribution" deduction) — NOT the employer's match. Max 10% of gross. Reduces taxable income but still leaves your bank account into your pension pot.
Premium ≤ 7% of insured sum. Protects family + lowers tax.
Max 2% of gross. Premiums for you & dependents are deductible.
Συνδρομές σε Συντεχνία ή Επαγγελματικά Σώματα. Fully deductible — no cap, separate from the 20% rule. Common for teachers, bankers, civil servants, accountants, lawyers, engineers.
📊 2026 bracket breakdown
| Band | Rate | Amount in band | Tax |
|---|---|---|---|
| €0 – €22,000 | 0.0% | €22,000 | €0 |
| €22,000 – €32,000 | 20.0% | €4,565 | €913 |
Estimate only. This calculator implements the Cyprus 2026 personal income tax reform (effective 1 Jan 2026) including the €22,000 tax-free threshold, child deductions, housing & green reliefs and pension treatment. Edge cases (severance tax, joint redemption rules, expatriate 20%/50% reliefs) are not modelled. Always confirm with a licensed Cyprus tax advisor or the Ministry of Finance tax tools.