Cyprus Income Tax Calculator 2026
Enter your income per month or per year and your deductible contributions. The calculator shows tax per band for 2026, per month, and the difference from 2025.
Result
- Tax per salary payment
- €225.00
- Annual gross income
- €34,800.00
- Tax under 2025 bands
- €3,400.00
- Difference (2026 saving)
- €700.00
- Taxable income
- €34,800.00
- Effective rate
- 7.8%
- Marginal rate
- 25.0%
- Income after tax (per year)
- €32,100.00
- 20% band (€22,000 – €32,000)
- €2,000.00
- 25% band (€32,000 – €42,000)
- €700.00
The result is an estimate for information only and is not tax, legal or financial advice.
How it is calculated
Taxable income = total income minus deductible contributions (social insurance, GESY, provident fund, life insurance), capped at one fifth of income.
2026 bands: 0% to €22,000, 20% from €22,001 to €32,000, 25% to €42,000, 30% to €72,000, 35% above €72,000. 2025 bands: 0% to €19,500, 20% to €28,000, 25% to €36,300, 30% to €60,000, 35% above.
Worked example
| I enter amounts | Per year |
| Gross income | €35,000 |
| Deductible contributions (same period) | €0 |
| Tax 2026 (per year) | €2,750.00 |
| Tax per month | €229.17 |
| Annual gross income | €35,000.00 |
| Tax under 2025 bands | €3,450.00 |
| Difference (2026 saving) | €700.00 |
| Taxable income | €35,000.00 |
| Effective rate | 7.9% |
| Marginal rate | 25.0% |
| Income after tax (per year) | €32,250.00 |
| 20% band (€22,000 – €32,000) | €2,000.00 |
| 25% band (€32,000 – €42,000) | €750.00 |
Frequently asked questions
Which income do I enter?
All taxable income: salaries, business profits, rents (after the 20% deduction), pensions. Dividends and interest are excluded, they are taxed under Special Defence Contribution.
Are social insurance contributions deductible?
Yes, together with GESY, provident fund and life insurance premiums, up to one fifth of income.
Related calculators
Sources and rule validity
Rules for tax year 2026 · Last verified: 2 September 2026
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